Confidence on the rise

FRIDAY, AUGUST 24, 2012
Confidence on the rise

Consumer confidence has picked up across the AsiaPacific region as concerns about slow growth lessen, the latest MasterCard Worldwide Index of Consumer Confidence report showed. Thailand's consumerconfidence scores witnessed a significant improvement fro

 

The 2012 index is based on a survey conducted from April 24 to June 10 on 11,376 respondents aged between 18 and 64 in 25 economies in the AsiaPacific region, the Middle East and Africa. This is the 39th such survey conducted since 1993.
In this region, consumers remain optimistic in the markets of India (82.1 index points), China (77.4), Vietnam (77.2) and Thailand (75.8), while the least optimistic markets are Japan (23.6), Taiwan (25.7) and Australia (39.2).
In Thailand, consumer confidence stands at 75.8 points, an increase of 11.9 from 63.9 points scored in the second half of 2011. 
Consumer confidence in Thailand also witnessed a significant rise across all key indicators – employment (72.7 points, up by 10.4 from the previous survey); economy (72.8, up by 11.1); regular income (90.6, up by 16.4); quality of life (67.5, up by 8.3); and stock market (75.4 points, an increase of 13.3).