Consumer confidence rose for a 12th straight month in May and hit the highest level since March 2020, boosted by a gradually recovering economy and a resilient tourism sector.
Political campaigns during the general election also resulted in increased circulation of money, improving economic activities in various regions.
The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index rose to 55.07 in May, from 55 in April, 53.8 in March, 52.6 in February and 51.7 in January.
The…
