The Thai Consumer Confidence Index (CCI) hit an 18-month high in December last year, increasing to 81.1 from 79.4 in November, said the Centre for Economic and Business Forecasting under the University of the Thai Chamber of Commerce.
According to the centre, the overall Economic Confidence jumped to 70.5 from 68.8 and the Job Confidence Index also increased to 74.6 from 73.1, whereas the Future Income Confidence Index moved up a notch, from 96.3 to 98.30.
The rises are attributed to several positive factors, including the Monetary Policy Committee’s decision to hold its policy interest rate at two percent, the drop in global oil prices, and the Commerce Ministry’s holding of discount campaigns across the country.-VNA/NNT
According to the centre, the overall Economic Confidence jumped to 70.5 from 68.8 and the Job Confidence Index also increased to 74.6 from 73.1, whereas the Future Income Confidence Index moved up a notch, from 96.3 to 98.30.
The rises are attributed to several positive factors, including the Monetary Policy Committee’s decision to hold its policy interest rate at two percent, the drop in global oil prices, and the Commerce Ministry’s holding of discount campaigns across the country.-VNA/NNT
