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. source: University of the Thai Chamber of Commerce

Consumer Confidence in Thailand averaged 77.37 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 July of 2021.

Consumer Confidence in Thailand is expected to be 55.00 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
43.10 44.70 112.40 39.70 1998 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-08 04:00 AM Mar 48.5 49.4 50
2021-05-06 03:00 AM Apr 46 48.5 46
2021-06-10 03:30 AM May 44.7 46 46
2021-07-08 03:00 AM Jun 43.1 44.7 45
2021-08-05 03:00 AM Jul 43.1
2021-09-02 03:00 AM Aug
2021-10-07 03:00 AM Sep
2021-11-04 03:00 AM Oct


News Stream
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 Consumer Sentiment Hits Record Low
The University of the Thai Chamber of Commerce's consumer confidence index fell to 44.7 in May 2021 from 46.0 a month earlier. This was the lowest reading since at least February 1999, amid the third wave of COVID-19 infections, with the government of Prime Minister Prayuth Chan-o-cha facing mounting criticism for its virus handling. The leader wants to vaccinate 70% of the population by the end of the year, but so far only about 4% of its 69 million people have received at least one dose. 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.
2021-06-10
Thailand Consumer Sentiment Lowest Since 1999
The University of the Thai Chamber of Commerce's consumer confidence index fell to 46.0 in April 2021 from 48.5 a month earlier. This was the lowest reading since at least February 1999, amid a resurgence of local COVID-19 cases, with the government of Prime Minister Prayuth Chan-o-cha facing mounting criticism for its virus handling. Local media reports said that the nation had vaccinated only 2% of its 60 million people in a delayed inoculation program as the government initially chose to use only two vaccines, China's Sinovac and one made by AstraZeneca. 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.
2021-05-06
Thailand Consumer Sentiment Weakens in March
The University of the Thai Chamber of Commerce's consumer confidence index fell to 48.5 in March 2021 from 49.4 a month earlier, amid rising local COVID-19 cases that ravaged the country since mid-December last year. Local media reported that the nation will carry out its vaccination plan into phases: the first one for inoculating a million of its most vulnerable people by May, and the second batch for the public by June. 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
2021-04-08

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.