Thailand manufacturing PMI rises to 51.2 in May – PMI

The headline S&P Global Thailand Manufacturing Purchasing Managers’ Index (PMI) rose to 51.2 in May 2025, up from 49.5 in April, signalling an improvement in manufacturing sector conditions for the first time in three months.

The PMI, a composite indicator derived from new orders, output, employment, suppliers’ delivery times, and purchase stocks, reflects overall manufacturing health, as per the announcement.

New orders returned to growth in May, rising for the first time since December last year. This was supported by a rebound in export orders, which expanded following 20 months of contraction.

Manufacturers attributed the rise in demand to increased marketing efforts, the launch of new products, and growing foreign interest. As a result, manufacturing production grew at its fastest pace in nine months.

Thai manufacturers also increased hiring to manage the higher workloads. Despite only a marginal rise in employment, producers managed to reduce their outstanding orders for the second consecutive month.

Attribution: Amwal Al Ghad English
Subediting: M. S. Salama