Weak Thai consumer confidence improves after coup


A file photo of shoppers looking at their smartphones at a coffee shop in a shopping mall in Bangkok. According to a university survey, post-coup, the consumer confidence index rose to 70.7 in May from 67.8 in April, after falling for 13 straight months - AFP Photo.

BANGKOK: Consumer confidence in Thailand rose in May after falling for 13 straight months, according to a university survey carried out after the army seized power and said it will end political unrest and revive a stumbling economy.

The privately-owned University of the Thai Chamber of Commerce's consumer confidence index rose to 70.7 in May from 67.8 in April, which was the lowest level since November 2001.

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Thailand , economy , consumer , confidence , survey

   

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