Industrial sentiment expected to drop over next three months
Thailand’s industrial sentiment in May hit its lowest level in eight months, dented by weak exports and uncertainty over the formation of a new government, an industries group said on Wednesday.
The Federation of Thai Industries (FTI) said its industrial sentiment index in May fell for a second consecutive month to 92.5 from 95.0 in the previous month.
Slowing global growth has hurt demand for shipments, with exporters also affected by exchange rate volatility, FTI chairman Kriengkrai Theinnukul said in a statement.
Uncertainty persists over…
