The University of the Thai Chamber of Commerce's consumer confidence index rose to 41.4 in September 2021 from a record low of 39.6 a month earlier, amid improving COVID-19 situations in Thailand. The country reportedly has administered 55.5 million doses of virus vaccines so far, fully inoculating about 31% of the population. Meantime, recent data showed daily confirmed infections in Southeast Asia's second-largest economy fell below 10,000 as Bangkok reportedly is in talks with Merck & Co to buy 200,000 doses of its experimental antiviral pill for coronavirus, the latest Asian nation to order the drug. On the ratings front, Standard & Poor maintained Thailand's sovereign credit rating at BBB+ and rate the kingdom's economy as having a stable outlook, citing strong finance and foreign currency parameters. source: University of the Thai Chamber of Commerce

Consumer Confidence in Thailand averaged 76.98 points from 1998 until 2021, reaching an all time high of 112.40 points in December of 2003 and a record low of 39.60 points in August of 2021. 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 October of 2021.

Consumer Confidence in Thailand is expected to be 60.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Consumer Confidence is projected to trend around 70.00 points in 2022 and 80.00 points in 2023, according to our econometric models.

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Thailand Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-07-08 03:00 AM Jun 43.1 44.7 45
2021-08-05 06:40 AM Jul 40.9 43.1 43
2021-09-09 03:30 AM Aug 39.6 40.9 41
2021-10-07 04:30 AM Sep 41.4 39.6 42
2021-11-04 03:00 AM Oct 41.4
2021-12-02 03:00 AM Nov


News Stream
Thailand Consumer Sentiment Recovers
The University of the Thai Chamber of Commerce's consumer confidence index rose to 41.4 in September 2021 from a record low of 39.6 a month earlier, amid improving COVID-19 situations in Thailand. The country reportedly has administered 55.5 million doses of virus vaccines so far, fully inoculating about 31% of the population. Meantime, recent data showed daily confirmed infections in Southeast Asia's second-largest economy fell below 10,000 as Bangkok reportedly is in talks with Merck & Co to buy 200,000 doses of its experimental antiviral pill for coronavirus, the latest Asian nation to order the drug. On the ratings front, Standard & Poor maintained Thailand's sovereign credit rating at BBB+ and rate the kingdom's economy as having a stable outlook, citing strong finance and foreign currency parameters.
2021-10-07
Thailand Consumer Sentiment Hits Record Low
The University of the Thai Chamber of Commerce's consumer confidence index fell to a record low of 39.6 in August 2021 from 40.9 a month earlier, amid the third wave of COVID-19 infections and deteriorating economic recovery. Thousands of Thais in August took to the streets to express their anger at the government and demand the resignation of Prime Minister Prayut Chan-o-cha due to his response to the COVID-19 pandemic. So far, only about 9% of the country's population of more than 66 million have been fully vaccinated.
2021-09-09
Thailand Consumer Morale Hits Record Low
The University of the Thai Chamber of Commerce's consumer confidence index fell to 40.9 in July 2021 from 43.1 a month earlier. This was the lowest reading since at least February 1999, amid the third wave of COVID-19 infections, a sluggish vaccine rollout, and slowing economic recovery. Local media reports said that Prime Minister Prayut Chan-o-ca wanted to vaccinate 70% of the population by the end of the year, but so far only about 6% of its 66 million people have been fully vaccinated. Thailand's economy shrank by 2.6 percent year-on-year in the first quarter 2021, following a 4.2 percent contraction in Q4 of 2020, due to efforts from the government and the central bank to mitigate the economic fallout from the pandemic.
2021-08-05
Thailand Consumer Sentiment Lowest Since 1998
The University of the Thai Chamber of Commerce's consumer confidence index fell to 43.1 in June 2021 from 44.7 a month earlier. This was the lowest reading since at least November 1998, amid the spread of the Delta variant of COVID-19 in Thailand and the low rate of vaccinations as so far only about 4% of its 69 million people have received at least one dose. Meanwhile, hospitals in the country reportedly have already run out of beds for critically ill patients after a 10-fold surge in infections since early April. In Q4 2020, Southeast Asia's second-largest economy shrank by 4.2 percent yoy, slowing from a 6.4 percent plunge in Q3, due to efforts from the government and the central bank to mitigate the economic fallout from the pandemic.
2021-07-08

Thailand Last Unit Reference Previous Highest Lowest
Consumer Confidence 41.40 points Sep/21 39.60 112.40 39.60


Thailand Consumer Confidence
In Thailand, the Consumer Confidence Index (CCI) measures consumer’s outlook about current and future economic conditions, job prospects and income expectations. The index is based on a survey of around 2440 households. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook.