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 March 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.

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Thailand Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
47.80 50.10 112.40 39.70 1998 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 05:00 AM Oct 50.9 50.2 50
2020-12-03 03:00 AM Nov 52.4 50.9 50
2021-01-07 03:00 AM Dec 50.1 52.4
2021-02-04 03:00 AM Jan 47.8 50.1 50
2021-03-04 03:00 AM Feb 47.8 49
2021-04-08 03:00 AM Mar
2021-05-06 03:00 AM Apr
2021-06-03 03:00 AM May


News Stream
Thailand Consumer Sentiment Falls to 9-Month Low
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.
2021-02-04
Thailand Consumer Sentiment Falls to 5-Month Low
The University of the Thai Chamber of Commerce's consumer dropped to a five-month low of 50.1 in December 2020 from 52.4 a month earlier, amid fears over a fresh wave of local COVID-19 cases. A new outbreak identified in mid-December was centered in a seafood market in Samut Sakhon, southwest of the capital Bangkok. Thailand’s coronavirus coordinating center has warned that the number of new daily cases could rise to more than 10,000 by later this month under a worst-case scenario if the government does not do more to curtail the virus’s spread. In Q3 2020, Southeast Asia's second-largest economy shrank by 6.4% yoy, after a 12.1% plunge in the prior period.
2021-01-07
Thailand Consumer Sentiment Rises to 9-Month High
The University of the Thai Chamber of Commerce's consumer rose to 52.4 in November 2020 from 50.9 a month earlier. This was the highest reading since February, amid a gradual reopening of the economy from the COVID-19 crisis, with progress in virus vaccine trials lifting prospects for the trade- and tourism-dominated nation. In Q3 2020, Southeast Asia's second-largest economy shrank by 6.4% yoy, after a 12.1% plunge in the prior period, amid an easing of COVID-19 restrictions and a series of government stimulus. The university predicts Southeast Asia's second-largest economy to contract between 7-9 percent this year before growing 3-4 percent in 2021.
2020-12-03
Thailand Consumer Sentiment Strengthens in October
The University of the Thai Chamber of Commerce's consumer rose to 50.9 in October 2020 from 50.2 a month earlier, amid a gradual reopening of the economy from the COVID-19 crisis, with progress in virus vaccine trials lifting prospects for the trade- and tourism-dominated nation. In Q2 2020, Southeast Asia's second-largest economy shrank by 12.2% yoy, the worst economic downturn since Q2 1998. The university predicts Southeast Asia's second-largest economy to contract between 7-9 percent this year before growing 3-4 percent in 2021.
2020-11-12

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.