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 Industries
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27 Jul 05 13:33
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Industries sentiment hits low
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Bloomberg
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Thai manufacturers' confidence fell in June to the lowest in almost three years on concerns that rising fuel prices will increase production and transport costs and erode profits, a survey showed.
The Thai Industries Sentiment Index fell to 78.8, the lowest since the index was started in October 2002, from 90.5 in May, the Bangkok-based Federation of Thai Industries said in a statement yesterday. The survey covers 489 manufacturers.
Retail diesel prices have risen by 26 percent over the past...
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