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UPDATE 1-Thai economy may lose $10 bln in Q1 from new virus outbreak

* Consumer mood drops to five-month low in Dec

* Economy may contract in Q1 – university head

* Says govt will need at least 200 bln baht to help economy (Recasts with estimated virus impact)

BANGKOK, Jan 7 (Reuters) – Thailand’s economy could lose as much as 300 billion baht ($10 billion) in the first quarter after its largest coronavirus outbreak saw consumer mood sink to a five-month low in December, according to the commerce university.

The consumer confidence index dropped for the first time in three months to 50.1 in December – when the new spread was detected – from 52.4 in November, as consumers feared a surge in inflections would hit the economy and jobs, a survey by the University of the Thai Chamber of Commerce showed on Thursday.

“If the situation does not improve in January, consumer confidence could drop to a record low over…

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