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Business sentiment rises in September

Business sentiment rises in September

Index up for fourth consecutive month

Business sentiment rose for the fourth straight month in September, boosted by improving prospects, state relief measures to help people and companies struggling with the sagging economy and stable retail oil prices.

The University of the Thai Chamber of Commerce (UTCC) said the TCC Confidence Index, which gauges the sentiment of the business sector and members of the Thai Chamber of Commerce in all provinces nationwide, rose to 32.5 in September, up from 32.3 in August, 31.8 in July and 31.5 in June, the first increase in 14 months.

This followed readings of 31.3 in May, 32.1 in April, 37.5 in March, 44.9 in February and 45.4 in January.

Higher business sentiment stems largely from the government’s myriad relief measures and the Monetary…

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