Industries sentiment index rises for first time in four months | Bangkok Post: news

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Industry confidence up in October

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The Thai industries sentiment index (TISI) for October went up for the first time in four months to 92.8, from 90.4 in September, Payungsak Chartsuthipol, chairman of the Federation of Thai Industries (FTI), said on Friday. 

Mr Payungsak attributed the improvement in industry confidence to the increasing orders, overall sales volume, production output and the better business performance of manufacturers.

The FTI chief said the TISI slightly increased for the first time  after declining for four straight months on the back of positive signs in the production sector, particularly in orders, domestic sales volume and production output in the fashion, construction, food and energy sectors.

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