Thai industries sentiment hits 11-month low in May
Thailand’s industries sentiment dropped for a second straight month in May, hitting an 11-month low, due to a third wave of coronavirus infections and a slow vaccine rollout, an industries group said on Tuesday.
The Federation of Thai Industries (FTI) said its Thai industries sentiment index fell to 82.3 last month from 84.3 in April, when its biggest outbreak so far emerged.
The tourism-reliant country started its mass vaccination drive on Monday and is preparing a phased reopening to vaccinated foreign visitors later this year, dependent on its progress with inoculations.
