Consumer confidence index rises first time in four months

By Thai PBS

 

 

BANGKOK: -- Consumer Confidence Index rose for the first time in 4 months amid hope the country’s economy is recovering.

 

Dr Thanawat Pholwichai, director of the Center for Economic and Business Forecasting of the University of the Thai Chamber of Commerce, stated that consumer confidence (CCI) in August stood at 74.5 which marked an increase over July’s figure.

 

Significantly, this is the first time that it has risen in a period of 4 months.

 

Full story: http://englishnews.thaipbs.or.th/consumer-confidence-index-rises-first-time-four-months/

 

-- © Copyright Thai PBS 2017-09-07

6 hours ago, webfact said:

consumer confidence (CCI) in August stood at 74.5

Which is still below the 14-month high in February 2017 at 75.8 and matches the CCI three months prior to the 14-month high.

http://www.nationmultimedia.com/news/business/EconomyAndTourism/30308601

So the CCI is gradually worsening.

But remember that all scores below 100 indicate low confidence!