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Bangkok Post

Business

SHOCKING: Industry confidence dips amid energy price fears - What They Never Told You

United States Pimjai Leeissaranukul Iran

Foreign tourists visit Wat Pho, one of Bangkok's most popular attractions. Strong tourism activity in April was among the positive economic factors helping businesses cope with the impact of the Middle East conflicts. (Photo: Apichart Jinakul)

The Thai Industries Sentiment Index (TISI) continued to fall in April to 85.3 points, down from 88.6 in March, attributed to the impact of the prolonged US-Israeli war with Iran.

Pimjai Leeissaranukul, chairwoman of the Federation of Thai Industries (FTI), said the dip was due to concerns over spikes in oil and raw material prices caused by the Middle East conflict, as well as worries about the government's slow budget disbursement.

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