Thailand’s Industrial Mood Rises for Two Consecutive Months in July

July marked a second consecutive increase in the sentiment index for Thai industries as the manufacturing sector expanded following a persistent recovery in demand, particularly among key export markets including the United States, China, and Japan.

The industries sentiment index was at 89.00 in July, up from 86.3 in June, the Federation of Thai Industries (FTI) reported Wednesday.

Aside from a recovery in manufacturing demand, easing further lockdowns in major Chinese cities was also a crucial boost for Thailand’s export sector.