ALERT :- Thai Industrial Production (YoY) came @ -9.6%, Forecast @ -2.5%, Previous @ 6.0%.
Note :- Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. A higher than expected reading should be taken as positive/bullish for the THB, while a lower than expected reading should be taken as negative/bearish for the THB.
IMPACT :- VERY WORST DATA CAME, NEGATIVE FOR THAILAND MARKET.
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