Industries sentiment hits 8 month low on virus return
Thailand’s industries sentiment in April hit its lowest in eight months in the wake of the country’s worst coronavirus outbreak, and the government should borrow 1 trillion baht more to support the economy, the Federation of Thai Industries (FTI) said on Monday.
The FTI said its Thai industries sentiment index dropped to 84.3 last month from 87.3 in March.
The index for the next three months also fell, suggesting the outbreak is likely to drag on longer amid the slow rollout of vaccines, FTI chairman Supant Mongkolsuthree told a briefing.
