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Thursday, May 2, 2024

Sentiment down 4 months in a row

Sentiment down 4 months in a row

Consumer mood remains fragile

A vendor sells fresh produce at the Bang Yai market in Nonthaburi province. (Photo: Pattarapong Chatpattarasill)

Consumer sentiment plunged for the fourth straight month in April, hitting the lowest level in eight months, as consumers remained concerned about rising costs of living and high oil prices caused by the impact of Russia’s invasion of Ukraine.

The University of the Thai Chamber of Commerce (UTCC) reported on Tuesday the consumer confidence index fell to 40.7 in April from 42 in March, 43.3 in February and 44.8 in January.

It stood at 46.2 in December, 44.9 in November, 43.9 in October and 41.4 in…

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