Consumer confidence down on covid fears
Thailand’s Consumer Confidence Index in March fell to 48.5 points from 49.4 points in February over fears from a new wave of Covid-19 and political instability, a forecaster said Thursday.
The University of the Thai Chamber of Commerce, which measures the index, said that economic growth could drop by 2 per cent if the spreads of the disease did not come under control.
The index declined after positive sentiment in the first three months of the year, said Thanawat Phonvichai, the President of University of the Thai Chamber of Commerce.
