Consumer confidence index hits 11-month high | Bangkok Post: business

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Consumer confidence index hits 11-month high

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Consumer confidence rose for the third month in July, hitting an 11-month high as people gained more confidence in political stability and an economic recovery in the foreseeable future. 

The University of the Thai Chamber of Commerce (UTCC) yesterday reported the country's consumer confidence index rose to 78.2 points from 75.1 in June and 70.7 in May, when the index advanced for the first time in 14 months.

The army seized power on May 22. Since then, the military government has made delayed payments to rice farmers and is working to fast-track dormant spending plans.

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