Flood damage revised upto Bt157bn: UTCC

 The damage estimate was revised up from the forecast six days ago, when the university's economic centre expected losses of Bt130 billion or 1-1.3 percentage point.
 Severe floods as well as global economic uncertainties pressured the Thai consumer confidence index in September. The index dropped for two consecutive month from 83.4 points in August to 81.8 points in September. UTCC which conducted the confidence poll attributed the lower confidence to many negative factors from lower economic growth forecast, a sharp plunge in the Stock Exchange of Thailand Index, a higher cost of living, and prolonged floods.