Thailand political uncertainty saps consumer confidence

BANGKOK (Reuters) — Thai consumer confidence fell for the first time in 14 months in July, amid a slow economic recovery and worries over potential instability with political parties still struggling to form a government after elections in May, a survey showed on Friday.

The consumer index of the University of the Thai Chamber of Commerce fell to 55.6 in July from 56.7 in June, the university said in a statement.