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Wednesday, May 15, 2024

Consumer confidence increases in August

Index up as political stability returns

Consumers remain concerned about the high cost of living and the uncertain global economic situation. (Photo: Apichart Jinakul)

Consumer confidence in August improved after the swift formation of the new government, but people remain concerned about the high cost of living and the sluggish global economy.

The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index increased to 56.9 from 55.6 in July, marking an improvement after the first decline in the reading in 14 months in July…

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