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Thai Consumer Confidence Reaches Highest Level in 26 Months

20/02/2023

Anucha, a spokesman for the Prime Minister’s Office, said on Sunday that a survey found that consumer confidence in Thailand was at its highest level in 26 months in January of this year. Thai Prime Minister Prayuth said the government’s economic policies and plans are working.

CNN said that a survey by the University of the Thai Chamber of Commerce found that the consumer confidence index in Thailand reached 51.7 in January. This was the eighth month in a row that the index went up, and it was the highest level in 26 months.

The survey shows that Thai consumers are more optimistic about future job opportunities and income, which suggests that they think the economy is getting better faster.

The survey found that the rise in consumer confidence was due to several important things, such as government tax cuts, a strong recovery in tourism, an increase in the stock market, higher prices for various agricultural products, and higher incomes for farmers.

Anucha said that Prayuth has always been committed to fixing economic problems so people can live better. Anucha noted that the rise in consumer confidence is good news for the economy’s growth. This made Prayuth very happy, and thanked everyone for noticing how well the government was run.

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