Consumer confidence dips for third straight month
- Published: 4 Oct 2012 at 00.00
- Newspaper section: Business
Consumer confidence fell for a third straight month, to the lowest point in six months, in September due to worries about the country's economic prospects, the rising cost of living, ongoing floods in several provinces, political unrest and the global economic slowdown.
The consumer confidence index fell to 77 points in September, down from 77.9 points in August and 78.1 in July, according to the survey by the University of the Thai Chamber of Commerce's Center for Economic and Business Forecasting.
An index below 100 points indicates consumers are more pessimistic than optimistic about the economy's prospects.
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