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Thailand’s industrial output continues to shrink in December 2024

BANGKOK, Jan. 31 (Xinhua) — Thailand’s industrial output extended its contraction for a fifth consecutive month in December 2024 due to a prolonged decline in auto production, weak domestic demand and high manufacturing costs, official data showed on Friday.

The manufacturing production index (MPI) fell 2.11 percent last month from a year earlier, easing from a revised 3.39 percent decrease in November, accordi