webfact Posted August 9, 2020 Share Posted August 9, 2020 Consumer confidence up, but still lowest in 21 years BANGKOK (NNT) - Aid measures, and the fifth phase easing of COVID-19 restrictions, allowed consumer confidence to improve last month, the third month in a row, to 50.1 points from 49.2 in June. The President of the University of the Thai Chamber of Commerce (UTCC), Asst. Prof. Dr. Thanavath Phonvichai, pointed out that despite the upward trend in consumer confidence, the figure is still at its lowest in 21 years and 10 months, on the continued negative impact of COVID-19 on spending, tourism, exports and employment, as well as concerns about the political situation. Overall confidence in the economy, job prospects and revenue were also up compared to June, with only confidence in politics continuing a downward trend for the 17th month. -- © Copyright NNT 2020-08-09 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
BritManToo Posted August 9, 2020 Share Posted August 9, 2020 Does 1 person in Thailand believe this? 1 Link to comment Share on other sites More sharing options...
ThailandRyan Posted August 9, 2020 Share Posted August 9, 2020 K. I can now have my second good laugh for the day. 2 Link to comment Share on other sites More sharing options...
SteveK Posted August 9, 2020 Share Posted August 9, 2020 If it's gone up, how can it be at a historic low? 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted August 10, 2020 Share Posted August 10, 2020 Yup, just keep that Baht up—and see what happens to the economy... 1 Link to comment Share on other sites More sharing options...
hotchilli Posted August 10, 2020 Share Posted August 10, 2020 Most vendors and store holders that I know all say spending is down and people are careful on what they buy. Money is spread thin so the profits are not what they were pre-Covid. 2 Link to comment Share on other sites More sharing options...
RichardColeman Posted August 10, 2020 Share Posted August 10, 2020 22 hours ago, webfact said: Overall confidence in the economy, job prospects and revenue were also up compared to June What a load of old shoe repairers ! Then again, a 7/11 taking on a new member of staff could be considered a boom these days 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now