FX.co ★ Thailand’s Manufacturing Momentum Builds as February PMI Climbs to 53.5

Thailand’s manufacturing sector showed stronger expansion in February 2026, with the Manufacturing Purchasing Managers’ Index (PMI) rising to 53.50 from 52.70 in January, according to data updated on 2 March 2026. The latest reading remains comfortably above the 50-point threshold that separates expansion from contraction, signaling continued improvement in industrial activity.

On a month-over-month basis, February’s gain marks an acceleration in manufacturing growth compared with January, which had already recorded an increase versus the previous month. The move from 52.70 to 53.50 suggests that not only is output expanding, but the pace of that expansion is picking up.

While detailed drivers of the PMI change were not disclosed, the steady month-over-month improvement points to rising confidence within Thailand’s manufacturing sector as 2026 progresses. Market participants will be watching upcoming releases to assess whether this momentum can be sustained in the face of broader regional and global economic conditions.