Economic Indicators
Thai consumer mood at 9-min low in May on living costs, Ukraine war
2022.06.09 07:00
FILE PHOTO: Consumer goods from Thailand are displayed for sale at a shop in Hanoi, Vietnam, March 29, 2016. REUTERS/Kham
BANGKOK (Reuters) – Thai consumer confidence dropped for a fifth straight month in May, hitting a ninth-month low, due to worries over higher living costs and the impacts of Russia’s invasion of Ukraine, a survey showed on Thursday.
The consumer index of the University of the Thai Chamber of Commerce fell to 40.2 in May from 40.7 the previous month.
