The University of the Thai Chamber of Commerce's consumer dropped to 50.2 in September 2020 from a six-month high of 51.0 a month earlier. This was the first drop in five months, amid political protests, a slowdown in economic recovery, and mounting job losses from the COVID-19 pandemic. In recent months, protesters have rallied against the military-backed government in larger numbers, with the next big protest is set for October, 14th. 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. source: University of the Thai Chamber of Commerce

Consumer Confidence in Thailand averaged 78.37 points from 1998 until 2020, 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 October of 2020.

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 63.00 in 12 months time. In the long-term, the Thailand Consumer Confidence is projected to trend around 65.00 points in 2021 and 70.00 points in 2022, according to our econometric models.

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Thailand Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
50.20 51.00 112.40 39.70 1998 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-02 03:30 AM Jun 49.2 48.2 55
2020-08-07 04:00 AM Jul 50.1 49.2 51
2020-09-09 04:00 AM Aug 51.0 50.1 51
2020-10-08 03:00 AM Sep 50.2 51.0 51
2020-11-05 03:00 AM Oct 50.2 50
2020-12-04 04:00 AM Nov


News Stream
Thailand Consumer Sentiment Weakens
The University of the Thai Chamber of Commerce's consumer dropped to 50.2 in September 2020 from a six-month high of 51.0 a month earlier. This was the first drop in five months, amid political protests, a slowdown in economic recovery and mounting job losses from the COVID-19 pandemic. In recent months, protesters have rallied against the military-backed government in larger numbers, with the next big protest is set for October, 14th. 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.
2020-10-08
Thailand Consumer Sentiment Highest in 6 Months
The University of the Thai Chamber of Commerce's consumer increased to 51.0 in August 2020 from 50.1 a month earlier. This was the highest reading since February, amid ongoing public health measures to contain the spread of the COVID-19 outbreak. In Q2 2020, Southeast Asia's second-largest economy shrank by 12.2% yoy, the worst economic downturn since Q2 1998. The National Economic and Social Development Council said that Thailand may lose up to 2 million jobs this year, particularly in the tourism industry, as the outbreak took a huge toll on the economy. About 8.4 million people are at risk of losing their jobs - 2.5 million in the tourist sector, 1.5 million in the industrial sector, and 4.4 million in other parts of the service sector. The agency predicts the economy to contract between 5%-6% this year due to the severe impact of a health crisis.
2020-09-09
Thailand Consumer Sentiment Rises to 4-Month High
The University of the Thai Chamber of Commerce's consumer increased to 50.1 in July 2020 from 49.2 a month earlier. This was the highest reading since March, amid ongoing public health measures to contain the spread of COVID-19 outbreak. In the first quarter of 2020, Southeast Asia's second-largest economy shrank by 1.8% yoy, the worst economic downturn since Q4 2011. The National Economic and Social Development Council said that Thailand may lose up to 2 million jobs this year, particularly in the tourism industry, as the outbreak took a huge toll on the economy. About 8.4 million people are at risk of losing their jobs - 2.5 million in the tourist sector, 1.5 million in the industrial sector, and 4.4 million in other parts of the service sector. The agency predicts the economy to contract between 5%-6% this year due to the severe impact of the health crisis.
2020-08-07
Thailand Consumer Sentiment Improves
The University of the Thai Chamber of Commerce's consumer rose to 49.2 in June 2020 from 48.2 a month earlier. This was the highest reading since March, amid ongoing public health measures to contain the spread of COVID-19 outbreak. In the first quarter of 2020, Southeast Asia's second-largest economy shrank by 1.8% yoy, the worst economic downturn since Q4 2011. The National Economic and Social Development Council said that Thailand may lose up to 2 million jobs this year, particularly in the tourism industry, as the outbreak took a huge toll on the economy. About 8.4 million people are at risk of losing their jobs - 2.5 million in the tourist sector, 1.5 million in the industrial sector, and 4.4 million in other parts of the service sector. The agency predicts the economy to contract between 5%-6% this year due to the severe impact of the health crisis.
2020-07-02

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.