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Thai April factory output drops 17.2%, smaller than forecast

BANGKOK, May 27 (Reuters) - Thailand’s manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday.

That compares with a forecast for a drop of 19.55% in a Reuters poll, and against March’s revised decline of 10.48%.

Capacity utilisation in April was 51.87%, after March’s revised 67.78%. (Reporting by Kitiphong Thaichareon, Writing by Orathai Sriring; Editing by Himani Sarkar)

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