Thailand Consumer Confidence Index hits record low

[Thaiger]

The University of the Thai Chamber of Commerce has reported that the Consumer Confidence Index has hit another new record low of 46.0 in April. The Covid-19 global pandemic has had a devastating effect on the economy and consumer confidence has fallen frequently to the lowest points that it has seen since 1998. The president of the UTTC believes that consumers generally don’t feel like there has been much of a recovery for the economy since the global pandemic began and without a stimulating event to motivate economic growth, the index is expected to continue to fall further. The university […]

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