FX.co ★ Thailand Industrial Output Falls Less than Expected

Industrial production in Thailand experienced a slight decrease of 0.08% in October 2025 compared to the previous year, surpassing expectations of a 0.6% decline. This contrasts with a revised upward increase of 1.19% observed in September. Although this represents the fifth decline in industrial output for the year, the drop was less severe than anticipated. This softer decline is attributed to a gradual recovery in the manufacturing sector, bolstered by government stimulus efforts and a rise in external demand.