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UTCC notes sentiment uptick in December

UTCC notes sentiment uptick in December

Consumer confidence index improves again

People examine decorative items on sale at Sampeng market in Bangkok last month ahead of the New Year celebrations. (Photo: Apichart Jinakul)

Consumer and business sentiment rose in December, supported by the easing of Covid-19 restrictions, more tourism revenue and fresh government stimulus packages.

The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index increased for the fourth straight month in December to 46.2, up from 44.9 in November, 43.9 in October, 41.4 in September and 39.6 in August, which was the lowest level in almost 23 years.

Thanavath Phonvichai, president of the UTCC, said people felt relieved after the…

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