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Consumer confidence up again

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The consumer confidence index rose for the fourth consecutive month to reach a 13-month peak in August, the Thai Chamber of Commerce (TCC)reported - attributing the steady improvement to the newfound political stability. 

Thanavath Phonvichai, director of the TCC university's Centre for Economic and Business Forecasting, said on Thursday the overall  consumer confidence index rose from 78.2 in July to 80.1 in August.

It was the fourth consecutive month the index had improved and it was now at its highest level in 13 months, he said.

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