Consumer confidence picked up for the second straight month in July, boosted by improved business activities following the continued easing of Covid-19 control measures.
The University of the Thai Chamber of Commerce (UTCC) reported yesterday the consumer confidence index rose to 42.4 in July from 41.6 in June. It stood at 40.2 in May 40.7 in April, 42 in March, 43.3 in February and 44.8 in January.
An index lower than 100 points reflects weak purchasing power based on a slow economic recovery.
