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Consumer confidence climbs to 7-month high

Published by
The Bangkok Post

Consumer confidence rose for the third straight month in November, hitting a seven-month high driven by an easing of Covid-19 restrictions, robust export growth and the country’s reopening. The University of the Thai Chamber of Commerce (UTCC) yesterday reported its consumer confidence index rose to 44.9 in November from 43.9 in October, 41.4 in September and 39.6 in August, which was the lowest level in almost 23 years. Thanavath Phonvichai, UTCC’s president, said people felt relief after the government gradually relaxed its lockdown restrictions and curfew measures and reopened the country t…

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