Thailand's Industrial Sentiment Declines in March Amid Middle East Conflict and Rising Costs

Federation of Thai Industries reports drop in sentiment index due to geopolitical tensions, raw material shortages, and freight rate increases

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Thailand's Industrial Sentiment Declines in March Amid Middle East Conflict and Rising Costs

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Thailand's industrial sentiment index fell to 88.6 in March from 90.0 in February, impacted by higher oil prices and the ongoing Middle East war, according to the Federation of Thai Industries. Additional concerns include raw material shortages and elevated freight costs. The federation also noted a decline in forward…

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Thailand's Industrial Sentiment Declines in March Amid Middle East Conflict and Rising Costs Thailand's industrial sentiment index fell to 88.6 in March from 90.0 in February, impacted by higher oil prices and the ongoing Middle East war, according to the Federation of Thai Industries. Additional concerns inclu... Read the full IIPLA article: https://iipla.org/news/thailand-s-industrial-sentiment-declines-in-march-amid-middle-east-conflict-and-rising-costs

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