Thailand: CCI in August declines to 79.3
Thailand’s Consumer Confidence Index (CCI) in August stood at 79.3, 1.3 lower than the previous month.
Thailand’s Consumer Confidence Index (CCI) in August stood at 79.3, 1.3 lower than the previous month.
According to Director of the University of the Thai Chamber of Commerce’s Economic and Business Forecasting Centre Tanawat Polwichai, the CCI in August dropped to 79.3 from 80.6 in July, whereas the Economic Confidence Index remained at 69.5. He further revealed that the Future Income Confidence Index stood at 96.7.
In addition, he said the CCI has consecutively been subsiding for the past five months, while the figure in August was the lowest since December 2012.
The director also mentioned about the country’s exports, saying Thailand saw a drop of 1.5 percent month-on-month in its July export and had only a 0.6 percent export growth in the first seven months of this year.-VNA
According to Director of the University of the Thai Chamber of Commerce’s Economic and Business Forecasting Centre Tanawat Polwichai, the CCI in August dropped to 79.3 from 80.6 in July, whereas the Economic Confidence Index remained at 69.5. He further revealed that the Future Income Confidence Index stood at 96.7.
In addition, he said the CCI has consecutively been subsiding for the past five months, while the figure in August was the lowest since December 2012.
The director also mentioned about the country’s exports, saying Thailand saw a drop of 1.5 percent month-on-month in its July export and had only a 0.6 percent export growth in the first seven months of this year.-VNA
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