Thailand's industrial production has shown signs of recovery by the end of March 2025, with the Industrial Production Index reaching -0.66%, a marked improvement from the -3.91% recorded in February. This data, updated on April 30, 2025, indicates a positive trend year-over-year despite remaining in the negative territory.
The Industrial Production Index is a critical economic indicator that measures the output of the manufacturing, mining, and utilities sectors in the country. The latest figures reflect the country's efforts to stabilize its industrial sector, which has been struggling due to various economic challenges over the past months.
A comparison of the month of March with the same month last year shows a promising increase, highlighting potential recovery in the industrial sector, which had significantly contracted in February. As Thailand continues to navigate an evolving global economic landscape, these figures provide hope for gradual stabilization and growth.