Thai con­sumer con­fi­dence dips

China Daily (Hong Kong) - - BUSINESS -

Thai­land’s Con­sumer Con­fi­dence In­dex has dropped to the low­est level dur­ing the last five months, a re­port said Thurs­day. Ac­cord­ing to the Cen­ter for Eco­nomic and Busi­ness Fore­cast­ing, at the Univer­sity of the Thai Cham­ber of Com­merce, the na­tion’s CCI fell to 74.9 last month, the low­est level in five months. The UTCC cen­ter re­port said the fall was mainly due to a de­cline in the pur­chas­ing pow­ers of the con­sumers, espe­cially in the prov­inces. Con­sumers were largely con­cerned about the in­creased cost of liv­ing and ris­ing prices of var­ied con­sumer goods. The cen­ter added that there was a sus­tained tight-money sit­u­a­tion.

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