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Thursday, May 16, 2024

Industrial sentiment at 16-month low

Industrial sentiment dropped for a fourth straight month in October to its lowest in 16 months, hurt by a slow economic recovery, weak purchasing power and higher interest rates, a Thai industries group said on Wednesday.

The Federation of Thai Industries (FTI) said its industrial sentiment index in October fell to 88.4 down from 90.0 in September. 

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