Thailand’s PMI September 2025

According to the latest report by S&P Global Market Intelligence, the Purchasing Manager’s Index (PMI) for Thailand’s manufacturing sector increased to 54.6 in September 2025, up from 52.7 in August, remaining above the 50-point threshold that separates growth from contraction.

This marked the fifth consecutive month of expansion and the highest reading since May 2023.

The improvement reflected higher new orders and output, both rising at their fastest rate since May 2023, supported by ongoing business development efforts and steady domestic demand. In contrast, export orders declined for the second consecutive month, recording the sharpest fall since March.

In response to increased workloads, manufacturers expanded employment and purchasing activity, with job creation reaching a one-year high. Input inventories also rose as firms adjusted production plans to meet demand.

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.