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Thursday, May 9, 2024

Sentiment up in November

Highest level in 45 months

A customer pushes his shopping cart at a discount chain in Bangkok. (Photo: Patipat Janthong)

Consumer confidence rose for a fourth straight month in November, hitting the highest level in 45 months, driven largely by the government’s policies to reduce the cost of living and stimulus measures.

The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index rose to 60.9 in November, up from 60.2 in October, 58.7 in September, 56.9 in August and 55.6 in July.

“The consecutive improvement in consumer…

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