BANGKOK, Sept. 17 (Xinhua) -- Thailand's industrial confidence dropped for a sixth straight month in August, weighed down by concerns over domestic political instability and U.S. trade measures, data showed on Wednesday.
The Thai industries sentiment index edged down to 86.4 last month from 86.6 in July as most components of the index decreased, reaching its lowest level in 37 months, according to the Federation of Thai Industries (FTI).
The reading was based on a survey of 1,350 entrepreneurs across 47 industry groups under the FTI.
The index forecast for the next three months contracted to 88.9 in August from 89.2 a month earlier.
An anticipated subdued demand from trading partners as a result of U.S. tariff measures was expected to negatively impact Thai manufacturing and export sectors, the FTI added. ■