Consumer confidence up for first time in 3 months

THURSDAY, January 05, 2017

Amid the government’s spending-stimulus measures and rising crop prices, along with a more positive outlook for the economy, Thai consumer confidence increased for the first time in three months in December, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

The Consumer Confidence Index climbed from 72.3 points in November to 73.7 last month. A level below 100 still reflects weak consumer sentiment, however.