The latest data released by the Thai Chamber of Commerce University shows that consumer confidence has picked up for a third month in a row, according to Taipei National News.
AI-generated summary
The Thai government implemented a new stimulus program on June 1 to boost domestic consumption through jointly government and consumer spending.
China News Service, Bangkok, September 8. According to a report by Thailand's "The Nation" on the 8th, the latest data released by the University of Thailand Chamber of Commerce showed that Thailand's consumer confidence index rose to 53.2 in August 2026, rising for the third consecutive month and hitting a new high since March this year.
Data show that in August, Thailand's overall economic confidence index was 46.6, the employment opportunities confidence index was 50.9, and the future income confidence index was 62.1, all improved from the previous period. The University of Thailand Chamber of Commerce believes that factors such as the stabilization of the global situation, the continued government stimulus measures, the recovery of the tourism industry, and the growth of exports have jointly promoted the recovery of consumer confidence.
The Thai government will implement a new consumption stimulus plan from June 1 to further boost domestic consumption through the government and consumers sharing consumption expenditures. The amount of funds driving economic activity in the past three months exceeded 140 billion baht. In addition, in the first half of this year, Thailand's public investment was approximately 500 billion baht, exports maintained rapid growth, and foreign investment in technology and industry was also relatively active.
Thailand's economic recovery still faces uncertain factors such as the domestic political situation, international oil prices and the global trade environment. The University of Thailand Chamber of Commerce said that if international oil prices continue to rise, it may increase business costs and weaken consumer purchasing power.
The University of Thailand Chamber of Commerce predicts that as long as favorable factors continue, Thailand's full-year economic growth is expected to reach 2.5% or higher, and believes that if political and external risks are controllable, Thailand's economy is expected to further improve in the fourth quarter.
AI outlook — possibilities, not facts
Thailand's annual economic growth is expected to reach 2.5 percent or higher
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