Thailand Industrial Sentiment Index rose to 93.1 in October, compared to 91.8 in September, according to the data from the Federation of Thai Industries.
Growth in industrial sentiment showed its fifth consecutive monthly increase after removing Covid-19 from the list of serious diseases, while seeing growth in the industrial sector following higher consumption from domestic consumers and a recovery in the tourism industry. Meanwhile, trade partners are booking orders for year’s end, coupled with energy measures from authorities and a relaxing chip-shortage crisis.
