Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
InfoQuest

CCI rises for the third consecutive month to 50.1 in July

August 11, 2020


Abstract : The Center for Economic and Business Forecast of the University of the Thai Chamber of Commerce announced that the consumer confidence index (CCI) rose for the third consecutive month to 50.1 in July 2020 from 49.2 in June.

InfoQuest (August 10, 2020) -- The Center for Economic and Business Forecast of the University of the Thai Chamber of Commerce announced that the consumer confidence index (CCI) rose for the third consecutive month to 50.1 in July 2020 from 49.2 in June,the composite economic confidence index rose to 42.6 from 41.4 in June, the employment opportunity confidence index rose from 47.6 to 48.4, and the future income confidence index rose from 58.6 to 59.3.

Favorable factors for the above index rise include the fifth release of restrictions, issuance of relevant policies and stable oil prices in Thailand.

But unfavorable factors are panic over the spread of COVID-19, GDP growth possibly lowered by the Ministry of Finance to -8.5 percent in 2020, concerns about the political situations and political gatherings, and consumer's anxiety about the economic slowdown.

Source: InfoQuest, by KasamarpornKittisamphan/ Rachada/ Sasithorn, translated by Xinhua Silk Road

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: Thailand InfoQuest

Reading:

Thai July CPI falls 0.98 pct year on year

MPC Council keeps annual interest rate unchanged at 0.5 pct

Agricultural GDP of Thailand falls 5.1 percent in H1, and full-year contraction forecast at 1.3-2.3 percent

MOC: Establishing FTA investment fund for assisting enterprises affected by FTA

Fiscal Policy Office forecasts GDP likely contract 8.5pct in 2020 due to COVID-19 epidemic

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial