Consumer confidence at 10-month high in October

Consumer confidence at 10-month high in October

A general view of Bangkok on Nov 4, 2022. (Photo: Pattarapong Chatpattarasill)
A general view of Bangkok on Nov 4, 2022. (Photo: Pattarapong Chatpattarasill)

Thai consumer confidence rose for a fifth straight month in October, reaching a 10-month high, bolstered by improved economic activity following the easing of Covid-19 curbs, a survey showed on Thursday.

The consumer index of the University of the Thai Chamber of Commerce rose to 46.1 in October from 44.6 in the previous month.

The Federation of Thai Industries (FTI) on Thursday urged the government to continue the "Khon La Khrueng" co-payment scheme, one of the stimulus measures launched during the coronavirus pandemic.

The FTI added that the Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, will likely face a new slowdown as a global recession is expected next year.


Do you like the content of this article?
COMMENT (6)

Ukraine says latest Russian assault on Bakhmut beaten back

KYIV (UKRAINE) - Ukraine said it had fought off a fresh Russian assault on the embattled eastern city of Bakhmut Saturday, as it endured a fresh wave of shelling in the disputed Donetsk region.

04:45

US shoots down Chinese spy balloon over 'unacceptable' violation

WASHINGTON - A US fighter jet on Saturday shot down a Chinese spy balloon off the coast of South Carolina, the Pentagon said, over what it called Beijing's "unacceptable violation" of US sovereignty.

04:45

Arsenal title bid rocked by Everton, dismal Liverpool crash again

LONDON - Mikel Arteta urged Arsenal to dig deep after a shock 1-0 defeat at Everton dented the Premier League leaders' title bid, while Liverpool's troubled season hit a new low with a woeful 3-0 loss at Wolves on Saturday.

01:45