CCI up in December
- By: BangkokPost.com
- Published: 15/01/2009 at 11:48 AM
The Consumer Confidence Index (CCI) rose from 67.1 points in November to 67.5 in December following the decreasing fuel prices and the formation of the Democrat party-led government, according to the University of the Thai Chamber of Commerce (UTCC)'s Centre of Business and Economic Forecast.
At the same time, the Job Seeker Confidence Index stood at 68.0 points while the confidence index for future income was 88.8 points.
The centre said it was the first time that all indices went up since August 2008.
The main positive factors included the new coalition government under Prime Minister Abhisit Vejjajiva, the ongoing reduction of oil prices, the extension of the six six-month economic stimulus measures, consumer optimism, and the policy interest rate cut by the Bank of Thailand (BoT)'s Monetary Policy Committee.
However, negative factors, such as the United States financial crisis, still prevail and have affected the country's export, employment, cost of living and economic stability.
- Seventh flu death case confirmed
- Puea Thai MP to join bid seeking pardon for Thaksin
- Gen Prawit: Border dispute won’t lead to war
- Private sector concerned on low CPI
- Thaksin to phone-in every Monday
- Bomb attack in Narathiwat
- PM’s Buri Ram tour plan unfinalized
- Suthep: No plan to scale down troop at border
Keep this article in your social bookmark:
Or you can: 
