Consumer confidence index falls below 50 points

[rooster59]

Consumer confidence index falls below 50 points

 

 

Thai consumer confidence index (CCI) has fallen below 50 points of the 100-point scale in May mainly because of falling farm prices.

According to the  University of the Thai Chamber of Commerce’s survey to gauge the country’s overall economic and business situation in relation to other economies in the region,  CCI in May fell to 47.7 points from 49.4 in April.

The main factor attributed to the fall of CGI index was the concern over agricultural price instability.

 

Full story: http://englishnews.thaipbs.or.th/consumer-confidence-index-falls-50-points/

 

 

-- © Copyright Thai PBS 2018-06-23

[Srikcir]

13 hours ago, rooster59 said:

Thai consumer confidence index (CCI) has fallen below 50 points of the 100-point scale in May mainly because of falling farm prices.

 

It's not just due to falling farm prices.

The nominal increase in the minimum daily wage made little impact on increasing private consumption.

Consumer confidence index in February fell for the first time in seven months as concern has risen over political instability.  

A majority of the public in June thinks the economy is heading in the wrong direction as consumer confidence slipped slightly last month due to anxieties over rising costs and political uncertainty.

 

[sammieuk1]

My consumer confidence in wine drinking is down 95%.