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Thailand’s manufacturing sector contracts slightly in January

BANGKOK, Feb. 3 (Xinhua) — Thailand’s manufacturing sector experienced a slight downturn in January due to lower output and new orders, while employment stayed broadly stable, a survey showed on Monday.

The Southeast Asian country’s manufacturing purchasing managers’ index (PMI) came in at 49.6 last month, down from 51.4 in December 2024, signaling an overall deterioration in manufacturing sector performance an