The University of the Thai Chamber of Commerce's consumer confidence index rose to a nine-month high of 46.2 in December 2021 from 44.9 a month earlier, advancing for the fourth straight month, as the economy recovered further from the COVID-19 pandemic. The government recently said that Thailand's economy should still be able to achieve growth of 4% this year, despite uncertainty over the spread of the Omicron variant and confusion about the rollout of the booster program. Meantime, reports said that Bangkok is planning to collect a USD 9 fee from foreign tourists from April to develop attractions and cover accident insurance for foreigners unable to pay costs themselves, amid the rapid global spread of the new virus strain. source: University of the Thai Chamber of Commerce
Consumer Confidence in Thailand averaged 76.63 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 January of 2022.
Consumer Confidence in Thailand is expected to be 65.00 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 80.00 points in 2023, according to our econometric models.