Federation of Thai Industries chairman Payungsak Chartsuthipol said that manufacturing enterprises showed much lower confidence as many were affected by severe floods for several months.

	However, hopes remained. The expectation index increased from 94 points in September to 101.3 points in October, as the manufacturers expect signs of recovery in the next three months. First of all, they expect a spike in demand after the water recedes.

Confidence down, but with higher expectation

Nuttapakron is a Rewriter for Nation Group. He focuses on factual precision and clarity, striving to present updates that are both trustworthy and highly readable.&nbsp;

Confidence down, but with higher expectation

Thai Industries Sentiment Index fell continuously from 90.7 points in September to 89 points last month, the lowest in more than two years.

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