UTCC notes sentiment uptick in December
Consumer confidence index improves again
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…