Thailand’s industrial production rose 2.05% year-on-year in September 2026, missing market expectations of 2.8% growth. This was the third consecutive monthly expansion, but also the slowest pace in that period. In the previous month, the Ministry of Industry raised its 2026 factory output growth forecast to a range of 2.75%–3.55%, up from 0.0%–0.5%, and revised its industrial GDP growth forecast to 0.8%–1.8%, from 0.75%–1.75%.