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Bangkok Post
Bangkok Post
Business

SHOCKING: Consumer confidence hit 20 month high last month - You Need To See This

Thanavath Phonvichai UTCC Economy Petrol
Tourists queue at Suvarnabhumi airport. The UTCC forecasts the number of international tourists at 10 million this year and 20-22 million in 2023.

Consumer confidence increased for the sixth straight month in November, hitting a 20-month high, lifted by improved economic activity, an increase in foreign tourist arrivals and lower petrol prices.

The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index rose to 47.9 in November from 46.1 in October, 44.6 in September, 43.7 in August, 42.4 in July and 41.6 in June.

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