Thai industry confidence index up, still below 100 | Bangkok Post: Most recent

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Industry confidence rises in December

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The Thai Industries Sentiment Index (TISI) was up for the second straight month, from 95.2 in November to 98.8 in December, Payungsak Chartsuthipol, chairman of the Federation of Thai Industries (FTI), said on Friday. 

The FTI’s industry confidence survey was conducted in December but the FTI chief did not provide details on how many manufacturers were involved.

Mr Payungsak attributed the improvement in industry confidence to rising demand for goods and services boosted by the Christmas and New Year festivities.

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