A delay in government formation in Thailand amid the continuing political uncertainty is weighing on Thai business sentiment, in turn threatening to dent overall economic activity.
The Industries Sentiment Index, which measures sentiment over the next three months, dropped for the third straight month in June to 102.1 from 104.3 a month earlier, according to the Federation of Thai Industries’ survey of more than 1,300 manufacturers released Monday. Apart from political risk, a fragile global economy and drought are also key concerns for businesses.
