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CCI for December increases the highest in three months

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CCI for December increases the highest in three months

 

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BANGKOK: -- Consumer’s confidence index for the month of December has improved further than the figurers in November and October, registering at 73.7 compared to 73.1 and 72.3 in October and November respectively.

 

Mr Thanawat Pholvichai, head of the economic and business forecast centre of the Thai Chamber of Commerce University, said consumer’s confidence index for the first quarter of 2017 has the tendency to grow due to improvements in exports and tourism business which, as a consequence, have helped improve purchasing power of consumers.

 

He attributed the CCI improvement for the month of December to export growth by 10.19 percent and all the stimulus packages introduced by the government such as tax reduction for shopping expenses, bullish stock market and the fiscal policy commttee’s decision to retain policy interest rate at 1.5 percent per annum.

 

Full story: http://englishnews.thaipbs.or.th/cci-december-increases-highest-three-months/

 
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-- © Copyright Thai PBS 2017-01-06

bullish stock market, bullsh+ comments ....

Looking at a new pine needle on a tree while it's being chopped down.

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