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FX.co ★ Thailand's Industrial Production Shows Marginal Improvement in February

Thailand's Industrial Production Shows Marginal Improvement in February

Thailand's industrial production in February 2024 showed a slight improvement compared to the previous month, according to data updated on 28 March 2024. The current indicator reached -2.84%, a small improvement from the previous indicator of -2.93% in January 2024. The comparison period is year-over-year, meaning the current indicator is compared to the same month a year ago. This increase, although marginal, indicates a possible stabilization or small growth in the industrial sector in Thailand. Investors and analysts will be closely monitoring future data releases to assess the trajectory of the country's industrial production.

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