Thailand's industrial confidence sinks to 3-year low in July

BANGKOK, Aug. 19 (Xinhua) -- Thailand's industrial confidence fell for a fifth consecutive month in July, driven by concerns over border conflict with Cambodia and U.S. trade measures, data showed on Tuesday.

The Thai industries sentiment index dropped to 86.6 in July from 87.7 in June as most components of the index decreased, sinking to its lowest level in 3 years, according to the Federation of Thai Industries (FTI).

The reading was based on a survey of 1,356 entrepreneurs across 47 industry groups under the FTI.

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