BANGKOK, Aug 20 (NNN-TNA) – Thailand’s industrial confidence fell for a fifth consecutive month in July, driven by concerns over border conflict with Cambodia and U.S. trade measures, data showed, yesterday.
The Thai industries sentiment index dropped to 86.6 in July, from 87.7 in June, as most components of the index decreased, sinking to its lowest level in three years, according to the Federation of Thai Industries (FTI).
The reading was based on a survey of 1,356 entrepreneurs across 47 industry groups, under the FTI.– NNN-TNA