Thai industrial sentiment rises amid eased restrictions

28 April, 2021 12:00 AM printer

BANGKOK: Thailand’s industrial sentiment index in March rose to 87.3 points from 85.1 a month earlier backed by improvement in manufacturing across sectors and regions, the Federation of Thai Industries (FTI) reported Tuesday.

“Easing restriction measures and economic stimulus has boosted spending and consumption inside the country,” said FTI chairman Supant Mongkolsuthree, pointing to the situation in March prior to the latest Covid-19 outbreak, report agencies.

The three-month sentiment index in March, looking ahead to the likely situation up to June, increased to 94 points from 92 in February, as anticipated global vaccines distribution is set to boost confidence among businesses.