Consumer confidence index rises for the first time in three months

Thailand’s consumer confidence index rose for the first time in three months to 49.4 points in February after falling for two straight months to a nine-month low at 47.8 points in January, said forecasters at the University of Thai Chamber of Commerce Thursday.

“Consumers are more relieved about the Covid-19 outbreak in the country with vaccination plans,” said Thanavath Phonvichai, the president of the university’s Center for Economic and Business Forecasting Unit.

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