The University of the Thai Chamber of Commerce's consumer dropped to a nine-month low of 47.8 in January 2021 from 50.1 a month earlier, amid mounting fears over rising local COVID-19 infections. Total confirmed virus cases in Thailand have more than tripled since a fresh outbreak began in mid-December, spreading to 80% of the nation. In Q3 2020, Southeast Asia's second-largest economy shrank by 6.4% yoy, slowing from a 12.1% plunge in the prior period after a series of stimulus measures from the government and the central bank to mitigate the economic fallout from the pandemic. source: University of the Thai Chamber of Commerce
Consumer Confidence in Thailand averaged 77.95 points from 1998 until 2021, reaching an all time high of 112.40 points in December of 2003 and a record low of 39.70 points in October of 1998. This page provides - Thailand Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Consumer Confidence in Thailand is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Thailand to stand at 65.00 in 12 months time. In the long-term, the Thailand Consumer Confidence is projected to trend around 70.00 points in 2022, according to our econometric models.