May consumer confidence hits record low on virus outbreak


Consumer index drops to a record low in May. (Bangkok Post photo)
Consumer index drops to a record low in May. (Bangkok Post photo)

Consumer confidence dropped to a record low in May, hurt by the country’s latest and biggest coronavirus outbreak so far and a slow economic recovery, a survey showed on Thursday.

The consumer index of the University of the Thai Chamber of Commerce fell to 44.7 in May from 46.0 in April, when the outbreak emerged.



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