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Thursday, April 18, 2024

Industrial sentiment reaches 47-month high

Industries cheer reviving domestic demand but exports a worry, says FTI

Hotel and tour agents wait for their customers in the arrivals hall at Suvarnabhumi Airport. The revival of tourism has been a big boost to local demand. (Photo: Somchai Poomlard)

Industrial sentiment in February reached a 47-month high, bolstered by a rebound in domestic demand and tourism, but weak exports were a concern, the Federation of Thai Industries (FTI) said on Wednesday.

The industries sentiment index rose to 96.2 in February from 93.9 in January, marking a return to pre-pandemic levels.

The tourism sector, is expected to see between 25 million and 30 million foreign arrivals this year, the government has said, after…

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