Monday, January 28, 2013

Thai factory output up 23.4pc year-on-year





Thai factory output in December fell in December from the previous month and grew less than forecast from a year earlier, suggesting global problems continue to hurt exports and drag down production.


On a year-on-year basis, industrial output rose 23.4 per cent in December from the low base a year earlier when severe flooding devastated industry. The increase was below the 32 per cent forecast by economists in a Reuters poll.


On a monthly basis, unadjusted output fell 6.31 per cent in December after a revised 8.25 per cent expansion in November.









via Business feed http://www.scmp.com/business/economy/article/1137877/thai-factory-output-234pc-year-year

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