Thai consumer confidence falls to a 7-month low in May due to slow economic recovery and political uncertainty.
Thai consumer confidence drops to a 7-month low in May, at 60.5 from 62.1 in April, due to slow economic recovery and political uncertainty. The University of the Thai Chamber of Commerce cited potential prime minister dismissal cases increasing government instability. However, consumer confidence may improve if the government accelerates budget disbursements and promotes economic recovery in the second half of the year.
June 13, 2024
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