Thailand's Manufacturing Production Index (MPI) fell in November by 5.6% year-on-year to 95.11 points, the lowest in 15 months, as oil refineries were shut down for maintenance while a global economic slowdown began to affect exporters, says the Office of Industrial Economics (OIE).
Officials expect the MPI for the whole year to grow by 1%, down from an earlier prediction of 1.9%.
"A global economic slowdown could lead to a recession, which will affect the Thai export sector," said Warawan Chitaroon, acting director-general of the OIE.
