Thai consumer confidence at 17-month low

Quick Summary:

Thai consumer confidence dropped for a seventh consecutive month in September to a 17-month low, due mainly to concerns about slow economic growth and floods in parts of the country, a survey showed on Thursday.

The Bank of Thailand predicts 2.6% growth this year, after last year’s 1.9% expansion that trailed regional peers.

The scheme is the cornerstone of the government’s plans to kickstart Southeast Asia’s second-largest economy, which expanded by a modest 2.3% in the second quarter of 2024.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Bank Confidence Month People September First Cash Phase Government University Thai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 14:54:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 260 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 22982715

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 10 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 17 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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