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Thailand Manufacturing PMI

Thailand's Manufacturing PMI rose to 54.6 points in September 2025. This is the highest level since May 2023. The PMI was 52.7 points in August 2025. This represents a 3.6% increase month-over-month. Increased new orders, especially from domestic demand, drove the expansion. Improved business confidence also supported sector performance. Manufacturers increased purchasing activity due to higher new work. Thailand's record low Manufacturing PMI was 45.1 points in December 2023 and record high was 60.4 points in April 2023.

Monthly Historical Data (2022-2025)

(in points)
Month Manufacturing PMI (points)
Sep 2025 54.6
Aug 2025 52.7
Jul 2025 51.9
Jun 2025 51.7
May 2025 51.2
Apr 2025 49.5
Mar 2025 49.9
Feb 2025 50.6
Jan 2025 49.6
Dec 2024 51.4
Nov 2024 50.2
Oct 2024 50
Sep 2024 50.4
Aug 2024 52
Jul 2024 52.8
Jun 2024 51.7
May 2024 50.3
Apr 2024 48.6
Mar 2024 49.1
Feb 2024 45.3
Jan 2024 46.7
Dec 2023 45.1
Nov 2023 47.6
Oct 2023 47.5
Sep 2023 47.8
Aug 2023 48.9
Jul 2023 50.7
Jun 2023 53.2
May 2023 58.2
Apr 2023 60.4
Mar 2023 53.1
Feb 2023 54.8
Jan 2023 54.5
Dec 2022 52.5
Nov 2022 51.1
Oct 2022 51.6
Sep 2022 55.7
Aug 2022 53.7

Recent Events

datetime event actual previous consensus
2025-09-30 08:30 PM S&P Global Manufacturing PMI (Sep) 54.6 52.7 -
2025-08-31 08:30 PM S&P Global Manufacturing PMI (Aug) 52.7 51.9 -

Next Release Date :

Thailand Manufacturing PMI : Definition
The Thailand Manufacturing PMI from S&P Global measures the economic health of Thailand's manufacturing sector. It is derived from survey data collected from purchasing managers covering new orders, production, employment, supplier delivery times and inventories. A value above 50 indicates expansion of the manufacturing sector, whereas a value below 50 signals contraction.