FX.co ★ Thailand Manufacturing Sector Hits 3-Month High

Thailand’s S&P Global Manufacturing PMI rose to 53.6 in June 2026, up from a ten‑month low of 52.6 in May. This was the highest reading since March, reflecting the fastest pace of output growth since December 2025 amid firm demand conditions. New orders increased for the fourteenth consecutive month, supported by intensive marketing efforts, the acquisition of major new clients, and substantial repeat orders from existing customers.

However, backlogs of work expanded in June as factories struggled to keep up with the flow of new business, while employment levels in the sector were broadly unchanged. On the cost side, manufacturers continued to face rising operating expenses, driven by higher raw material prices. In response, they raised output charges more sharply than in May. Finally, the Future Output Index climbed for a third straight month, signaling a gradual but sustained recovery from the near five‑year low reached in March.