ID :
382999
Thu, 10/08/2015 - 13:26
Auther :

Confidence Among Thai Consumers Continued To Fall In September

BANGKOK, Oct 8 (Bernama) -- Confidence among consumers in Thailand continued to fall in September, the ninth consecutive month of a downtrend. The survey by the University of the Thai Chamber of Commerce (UTCC) showed the Consumer Confidence Index fell 72.1 points last month, from 72.3 in August. An index of lower than 100 points reflects poor sentiment. However, the same survey showed consumers were more optimistic going forward, and confident of the country's growth. This followed the short term stimulus package of 136 billion baht by the government and targeted to help the low-income group. The negative factors include lower economic growth projected by the Bank of Thailand which cut its forecast to 2.7 per cent from 3.0 per cent, uncertainties in the global economy, sluggish exports, weak prices for agricultural commodities, the weak baht and high cost of living, said the survey. --BERNAMA

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