Thailand’s PMI February 2025

According to the latest report by by S&P Global Market Intelligence, the Purchasing Manager’s Index (PMI) for Thailand’s manufacturing sector reached 50.6 in February 2025, above the 50-point threshold that separates growth from contraction.

Output grew at the fastest pace in six month while the new orders sub-index stayed below 50 indicating largely unchanged demand.

Production levels recovered, and although new orders and employment remained steady, backlogs of work rose. Businesses increased their purchasing activity to replenish key materials, taking advantage of lower average input costs through bulk buying. Firms maintained an optimistic outlook for the coming year, expecting to attract new customers.

In its latest outlook, the International Monetary Fund estimated the Philippines' GDP growth rate at 3 per cent in 2025.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.