Thailand Consumer Morale Highest in 6 Months

2026-09-08 22:56 By Chusnul Chotimah 1 min. read

The University of the Thai Chamber of Commerce's Consumer Confidence Index climbed to 53.2 in August 2026 from July’s 51.8.

It was the third consecutive month of increases and the highest reading since February, helped by the government's co-payment scheme, steady interest rates, and higher prices for key agricultural products, which boosted purchasing power.

Thanavath Phonvichai, the university’s president, said planned energy-sector reforms could help sustain growth after the consumer subsidy scheme ends on Sept. 30.

The expected passage of the 2027 budget would also lead to public spending supporting the economy after September, he added.

Consumer concerns over the Middle East conflict eased, despite lingering concerns about political stability and living costs if oil prices started to rise.



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Thailand Consumer Morale Highest in 6 Months
The University of the Thai Chamber of Commerce's Consumer Confidence Index climbed to 53.2 in August 2026 from July’s 51.8. It was the third consecutive month of increases and the highest reading since February, helped by the government's co-payment scheme, steady interest rates, and higher prices for key agricultural products, which boosted purchasing power. Thanavath Phonvichai, the university’s president, said planned energy-sector reforms could help sustain growth after the consumer subsidy scheme ends on Sept. 30. The expected passage of the 2027 budget would also lead to public spending supporting the economy after September, he added. Consumer concerns over the Middle East conflict eased, despite lingering concerns about political stability and living costs if oil prices started to rise.
2026-09-08
Thailand Consumer Morale Rises to 4-Month High
The University of the Thai Chamber of Commerce's Consumer Confidence Index increased to 51.8 in July 2026 from 50.7 in the previous month. It was the second consecutive month of increases and the highest reading since March, helped by lower oil prices and new government support. The government's initial economic stimulus measures also boosted consumer confidence, supporting domestic purchasing power. Last June, the Thai government launched a consumer subsidy program worth 176 billion baht (US$5.32 billion) to help alleviate the cost-of-living burden on the public. The program is part of a 400-billion-baht government borrowing plan aimed at addressing the impact of rising oil prices. In addition to government stimulus, rising agricultural commodity prices also helped boost consumer confidence.
2026-08-13
Thailand Consumer Mood Rises to 3-Month High
The University of the Thai Chamber of Commerce's Consumer Confidence Index increased to 50.7 in June 2026 from 49.5 in the previous month, which was its lowest level since November 2022. It was the first increase since February and the highest reading in three months, helped by lower oil prices and new government support. Consumers' concerns over the Middle East conflict eased as the conflict moderated, leading to lower domestic and global oil prices. The government's initial economic stimulus measures also boosted consumer confidence, supporting domestic purchasing power. This contributed to the broader recovery of the Thai economy and improved the cost of living for consumers.
2026-07-09