Australian Mercantile Collections

Low consumption, high household debt take a toll on manufacturing index

Low consumption, high household debt take a toll on manufacturing index

Kriengkrai added that the Thai Industry Sentiment Index in April this year had dropped to 90.3 compared to 92.4 in March, including sales, purchase orders, production volume, manufacturing cost and performance.

“This came due to a decline in domestic demand amid economic volatility, such as automotive, furniture, textile and garments,” he said.

He said entrepreneurs, especially small and medium enterprises (SMEs), were still uncertain about the impact of the increase in minimum daily…

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