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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ThailandThailand Business Confidence fell to 43.5 in April 2026
FMPMonthlyReleased May 2026
Thailand Business Confidence fell to 43.5 in April 2026, released May 2026, down 4.2 from March's 47.7 reading. The reading missed the 46 consensus by 2.5. Business Confidence has now declined for 3 consecutive months. Over the past 3 months, Business Confidence averaged 48.65, vs 49.63 in the prior 3-month window. Business Confidence is now the lowest in 33 months.
Latest Release
43.5
Actual
46
Consensus
47.7
Previous
Median Absolute Error
±1.27 percentage points
across last 12 releases
Last Call
Apr 2026
Predicted: 44.2
Actual: 47.7
Error: -3.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/THB | ▲ Direct | +0.59 | FOREX | Bullish USD | → View |
| Hang Seng | ▼ Inverse | −0.59 | INDEX | Bearish Hang Seng | → View |
| BTC/USD | ▲ Direct | +0.45 | CRYPTO | Bullish BTC | → View |
| Nikkei 225 | ▼ Inverse | −0.45 | INDEX | Bearish Nikkei 225 | → View |
| XAU/USD | ▼ Inverse | −0.44 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading fell from the previous value of 47.7. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.27. Historically, this indicator is positively correlated with USD/THB (Bullish USD) and negatively correlated with Hang Seng (Bearish Hang Seng).
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Business Confidence - TH
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