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Friday, May 3, 2024

Consumers upbeat for 13th month

Tourists go horseback riding in Hua Hin. Mr Thanavath says the rising consumer sentiment reflects a clear recovery in the tourism sector and improved economic activities in various regions. (Photo: Varuth Hirunyatheb)

Consumer confidence rose for a 13th straight month in June and posted the highest level in 40 months since March 2020, driven by a resilient tourism sector and increasing agricultural product prices.

However, there is still concern about uncertainty in the political arena, said the University of the Thai Chamber of Commerce (UTCC).

The UTCC reported on Thursday the consumer confidence index rose to 56.7 in June, up from 55.1 in May, 55 in April, 53.8 in March, 52.6 in February and 51.7 in January.

Thanavath…

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