Post by account_disabled on Dec 30, 2023 5:32:51 GMT
Results of the December 2019 Consumer Confidence Survey: The overall consumer confidence index and the confidence index regarding future situations decreased for the 10th consecutive month as consumers were concerned about with political stability both now and in the future In addition, consumers are concerned about the Thai economy that is still recovering slowly and that people's purchasing power has not yet recovered. I grew up a lot. together with the uncertain situation of the world economy including the appreciation of the baht when compared to competing countries. This has a negative impact on the competitiveness of the export and tourism sectors. However, the government began to introduce more economic stimulus measures at the end of the year, resulting in the confidence index regarding the current situation. Every item improved this month.
The overall economic confidence index, overall job opportunity Job Function Email Database confidence index. and the confidence index regarding future income was at the levels of 56.0, 64.8, and 84.2, respectively, with every item decreasing. This compares to November's index levels of 56.4, 65.4, and 85.6, respectively. The index is still below normal (at the 100 level), indicating that consumers are still not confident about the economic situation. Opportunity to find work and much future income The decline of most indexes this month resulted in the Consumer Confidence Index (CCI) falling for the 10th consecutive month and falling to its lowest level in 68 months. Since May 2014, it has gone from a level of 69.1 to a level of 68.3. The fact that the overall consumer confidence index continues to move below the 100 level shows that consumers still see that the overall economic situation is still recovering. The increase is not much. Consumers are still concerned about the trade war between the United States. with China that is currently causing the world economy to slow down Thailand's political situation as well as the current and future international economic and political situations. Especially the matter of Brexit, which may affect the recovery of the global economy and the Thai economy this year.
In addition, the current recovery of the Thai and global economies is subject to high risks and fluctuations. In addition, the prices of many agricultural products remain stable at a low level. It continues to undermine overall consumer confidence. and concerns about future political uncertainties in Thailand further undermine consumer confidence. As for current consumer confidence, it has improved for the first time in 10 months from 45.2 in November. It came to a level of 45.8 but is still at the lowest level in 219 months or 18 years and 3 months since October 2001, showing that the current Thai economic condition is still not very good from the point of view of consumers. Meanwhile, the future consumer confidence index (over the next 6 months) also decreased. It dropped from 79.6 to 78.1, the lowest level in 67 months since June 2014, and began to adjust continuously away from the 100 level (which is a normal level). This reflects that consumers are progressively losing confidence that the Thai economy has a chance of improving in the future. And if there are more negative factors from the world economy and the Thai economy coming in than at present, it will easily cause consumer confidence to decline.
The overall economic confidence index, overall job opportunity Job Function Email Database confidence index. and the confidence index regarding future income was at the levels of 56.0, 64.8, and 84.2, respectively, with every item decreasing. This compares to November's index levels of 56.4, 65.4, and 85.6, respectively. The index is still below normal (at the 100 level), indicating that consumers are still not confident about the economic situation. Opportunity to find work and much future income The decline of most indexes this month resulted in the Consumer Confidence Index (CCI) falling for the 10th consecutive month and falling to its lowest level in 68 months. Since May 2014, it has gone from a level of 69.1 to a level of 68.3. The fact that the overall consumer confidence index continues to move below the 100 level shows that consumers still see that the overall economic situation is still recovering. The increase is not much. Consumers are still concerned about the trade war between the United States. with China that is currently causing the world economy to slow down Thailand's political situation as well as the current and future international economic and political situations. Especially the matter of Brexit, which may affect the recovery of the global economy and the Thai economy this year.
In addition, the current recovery of the Thai and global economies is subject to high risks and fluctuations. In addition, the prices of many agricultural products remain stable at a low level. It continues to undermine overall consumer confidence. and concerns about future political uncertainties in Thailand further undermine consumer confidence. As for current consumer confidence, it has improved for the first time in 10 months from 45.2 in November. It came to a level of 45.8 but is still at the lowest level in 219 months or 18 years and 3 months since October 2001, showing that the current Thai economic condition is still not very good from the point of view of consumers. Meanwhile, the future consumer confidence index (over the next 6 months) also decreased. It dropped from 79.6 to 78.1, the lowest level in 67 months since June 2014, and began to adjust continuously away from the 100 level (which is a normal level). This reflects that consumers are progressively losing confidence that the Thai economy has a chance of improving in the future. And if there are more negative factors from the world economy and the Thai economy coming in than at present, it will easily cause consumer confidence to decline.