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Manufacturing index declines as Thai meat production slows down.
Oct. 4--The industrial manufacturing index in August dropped from the previous month by 4 percent to 126.84 points due mainly to the decreased production of meat and meat products to cut the risk of the bird flu infection after the re-emergence of the outbreak.
Of note, exports of uncooked chicken have halted and are now being replaced by cooked or processed chicken.
In addition, less oil refining as a result of the shutdown of some major refineries for annual maintenance, and a reduction in automobile production and distribution by some carmakers due to planned changeovers for new models, also weighed on the index.
On the positive side, the ...
- Manufacturing index declines as Thai meat production slows down.
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Source: HighBeam Research, Manufacturing index declines as Thai meat production slows down.