Consumer confidence at 19-month high | Bangkok Post: business

Consumer confidence rises again

Published: 7 Mar 2013 at 12.59
Online news:

The consumer confidence index (CCI) for February was up from 81.7 reported in January to stand at 84.0, Thanavath Phonwichai, director of the Economic and Business Forecasting Centre at the University of the Thai Chamber of Commerce, said on Thursday.

Mr Thanavath said his centre’s recent surveys showed that consumer confidence had risen for five straight months and was at its highest level in 19 months, since August 2011.

Consumer confidence on the overall economy for the month stood at 74.3, on job opportunity at 75.5 and at 102.2 on future income, he added.

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The Dark Side
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Discussion 5 : 07 Mar 2013 at 21.395
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Is this another poll financed by PT like the Bangkok Mayoral Election?
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boons
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Discussion 4 : 07 Mar 2013 at 18.074
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In a world of collapsing consumer demand, Thailand's export economy can't look more precarious. Where there should be outright fear and trepidation, we see rising consumer confidence. Why? Because a dangerous mix of credit growth, unsustainable government stimulus, hot money inflows and artificial wage hikes has created a spike in consumer spending: A classic wealth effect. To say that this effect will be short-lived is an understatement. China is on the verge of collapse. Europe's implosion is picking up speed. The Yen is disintegrating. The British Pound is a basket case. And the rising baht looks set to decimate exports.
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DonAleman
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Discussion 3 : 07 Mar 2013 at 14.563
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"consumer confidence up " ? Southern insurgency worsening, inflation up, law enforcement down, rice program failed, tablets delayed and questionable need,jobs lost due to new wage so what are Thais confident about and in whom are they confident ?
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android
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Discussion 2 : 07 Mar 2013 at 13.472
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Some PT dislikers here predicted that the nation's economical situation would sink under this current PT led government. They are wrong again.
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oldexp
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Discussion 1 : 07 Mar 2013 at 13.381
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Only the increase in domestic retail prices of fuel is negative?
Where I live the price of food is higher everyday and everyone complains about.
Who makes the CCI?
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