Thai Aug consumer confidence rises for 1st time in 4 months-survey

Reuters




BANGKOK, Sept 6 (Reuters) – Thailand’s consumer confidence in August picked up for the first time in four months on expectations the economy would improve in the second half on strong exports and tourism, a private survey showed on Wednesday.

The index of the University of the Thai Chamber of Commerce rose to 74.5 in August from 73.9 in July.

Consumers should be more confident in spending in the final quarter of this year, and helping drive growth in the period, the university said in a statement.

The economy grew 3.2 percent last year, but still lags its regional peers.

KEY DATA

The Overall Consumer Confidence Index reflects views on the economy, job opportunities and future income. The survey is usually done in the last week of the month.



Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

74.5

73.9

74.9

76.0

77.0

76.8

75.8

74.5

73.7

LINKS:

For details, see the university website:

($1 = 33.16 baht)






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