Industrial sentiment picked up for the first time in three months in June thanks to an easing of Covid-19 restrictions and improved economic activity, the Federation of Thai Industries (FTI) said on Friday.
The FTI's industries sentiment index rose to 86.3 in June from 84.3 in May. However, negative factors continue to affect sentiment, including rising raw materials and energy prices, supply shortages and a global economic slowdown, the group said.
The impact of a recession and weakening global purchasing power on Thai exports will also be monitored, FTI chairman Kriengkrai Thiennukul told a news conference.
