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Bangkok Post
Bangkok Post
Business

Thai industrial sentiment drops for second straight month in April

Thailand Oil the Middle East
People cross Rama I Road at Ratchaprasong intersection to make their way to the Erawan Shrine, believed to grant wishes and luck. Thailand's industrial sentiment ​index dropped again last month. (Photo: Wisuttipong Rodpai)

Thailand's industrial sentiment ​index dropped ​for ‌a second straight month in April, hurt by high oil ​prices, ⁠a manufacturing slowdown and the ‌war in the Middle East, the Federation ⁠of Thai Industries said on Wednesday.

The federation said its industrial sentiment ​index fell to 85.3 in April ​from ‌88.6 in the previous month. ​On ⁠Tuesday, the Joint Standing Committee on Commerce, Industry and Banking maintained its 2026 economic growth forecast ⁠at 1.2% ​to 1.6% despite stronger-than-expected first-quarter growth.

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