Thailand's MPI Rises 4.44% on AI-Driven Electronics Growth
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The Office of Industrial Economics said the August MPI index reached 103.43 after its calculation was revised to add notebooks, optical transceivers and electronic components, in line with AI and data‑center investment flows. Director Supakit Bunsiri explained that the update broadens the MPI to cover new production activities and better reflects Thailand’s current industrial structure, resulting in a 4.44% year‑on‑year rise and a capacity utilisation rate of 58.28%. The revision included products such as laptops, optical transceivers and power backup units for processors, as well as newly operating factories in integrated circuits and other electronics, supporting global demand for electronics driven by AI and data‑center spending. Deputy Prime Minister and Finance Minister Ekanit Nitithammaprasat, together with Industry Minister Warawut Silpa‑archa, are leading the MPI revision to ensure it captures new investments and emerging market products. The communications equipment sector led the gain, jumping 24.41% due to optical transceiver shipments for AI and data‑center infrastructure worldwide, with some producers accelerating output ahead of possible US import‑tax changes. Refined petroleum products rose 8.14% as aviation fuel and gasoline rebounded from a low base after several refineries postponed major turnaround maintenance in July‑August 2025. Electronic parts and printed circuit boards increased 14.55%, mainly from PCBA growth, following global market expansion, especially in the United States where demand is strengthening ahead of shifting import‑tariff policies.
