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Friday, May 10, 2024

Consumer confidence up

Thai consumer confidence rose for a second straight month in September, boosted by government stimulus policies and higher foreign tourist numbers, according to a survey published on Monday.

 The consumer index of the University of the Thai Chamber of Commerce increased to 58.7 in September from 56.9 in August, the university said in a statement.

Consumers had more confidence following the formation of a new government in August after a weeks of impasse and its approval of policies designed to boost the economy and ease the cost of living, the university said.

The new government has approved fresh policies to stimulate a sluggish economy weighed down by declining exports. Among those is a 10,000 baht…

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