Post by account_disabled on Dec 25, 2023 22:32:20 GMT -5
OIE reveals MPI for June signals a turnaround in the industrial sector economy. Expanded from the previous month by 4.18 percent. The capacity utilization rate continued to increase. Points out that entrepreneurs must adjust to the consumption in the New Normal era. The Office of Industrial Economics (OIE) reveals the Industrial Production Index (MPI) for the month of June. 2020 grew by 4.18 percent compared to the previous month. Expanded continuously for the 2nd month, capacity utilization rate continued to increase. Sending a signal of the revival of the industrial economy.
Many major industries are gradually B2B Email List returning to expansion. Points out that business operators must adapt in line with consumer behavior in the New Normal era where there is increased demand for consumer products. but slowed down the consumption of durable goods Mr. Thongchai Chawalitpichet, Director of the Office of Industrial Economics (OIE), revealed that the Industrial Production Index (MPI) in June 2020 expanded from the previous month at 4.18 percent. It expanded for the second month in a row, including the capacity utilization rate in June that increased from the previous month to 55.21 percent from the previous 10 percent. 52.34 indicates the trend of economic recovery in the industrial sector.
However, the Industrial Production Index for June 2020 shrank compared to the same period last year by 17.66 percent, which is still affected by the COVID-19 virus situation. that major economic activities, including global transportation activities, have come to a halt; The global economy must slow down. As a result, the Industrial Production Index for the 2nd quarter of 2020 shrank by 19.97 percent compared to the same period last year. Mr. Thongchai further said that consumption behavior in the New Normal era has changed from before, resulting in decreased demand for durable goods. People delay purchasing high-value products. This causes the main industries to shrink and has a negative effect on the index.
Many major industries are gradually B2B Email List returning to expansion. Points out that business operators must adapt in line with consumer behavior in the New Normal era where there is increased demand for consumer products. but slowed down the consumption of durable goods Mr. Thongchai Chawalitpichet, Director of the Office of Industrial Economics (OIE), revealed that the Industrial Production Index (MPI) in June 2020 expanded from the previous month at 4.18 percent. It expanded for the second month in a row, including the capacity utilization rate in June that increased from the previous month to 55.21 percent from the previous 10 percent. 52.34 indicates the trend of economic recovery in the industrial sector.
However, the Industrial Production Index for June 2020 shrank compared to the same period last year by 17.66 percent, which is still affected by the COVID-19 virus situation. that major economic activities, including global transportation activities, have come to a halt; The global economy must slow down. As a result, the Industrial Production Index for the 2nd quarter of 2020 shrank by 19.97 percent compared to the same period last year. Mr. Thongchai further said that consumption behavior in the New Normal era has changed from before, resulting in decreased demand for durable goods. People delay purchasing high-value products. This causes the main industries to shrink and has a negative effect on the index.