Consumer Confidence in Thailand Increases in November

Reported about 6 hours ago

In November, Thai consumer confidence rose for the second month in a row, reaching an index of 56.9, supported by government economic stimulus measures and a boom in tourism. The government's $14 billion stimulus plan is aimed at providing financial support to millions, and tourism has seen a significant increase, with 32.7 million foreign visitors recorded this year. Economists predict growth for Thailand's economy, which is expected to expand by 4% in the last quarter of 2023 and 2.8% overall in 2024.

Source: YAHOO

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