The Thai Industries Sentiment Index (TISI) in March fell to 101.6, the lowest level in past five months since October 2009, said Santi Vilassakdanont, advisory chairman of the Federation of Thai Industries (FTI).

It dropped for the second consecutive month from 114.5 in February, resulting from decreasing number of orders, sales volumes, production volumes, and operating turnover.

Concerns over political situation, which may turn to violent, caused consumers to slow down their spending, said Mr Santi.

via Industrial Sentiment Index in March drops to lowest level in five months.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like

Royal Ploughing Ceremony Predicts Abundant Water, Food, and a Prosperous Economy

During the ceremony, nine white oxen were used to plow nine furrows of land. The results of the plowing are interpreted by astrologers to predict the coming year’s weather and harvest.

Thailand starts Public Hearings for Koh Samui-Mainland bridge

The Expressway Authority of Thailand plans to conduct a study to establish a highway linking Koh Samui and the mainland, aiming to improve accessibility and connectivity to the popular tourist destination.

Buoyant Songkran with $3.5B Record spending expected this year

Total spending by local and foreign revelers is anticipated to be around 125 billion baht (TCCU).