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Thai Dec consumer sentiment rises to highest in 8 months: survey

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Thai consumer confidence rose in December to its highest in eight months, a university survey showed on Thursday, boosted by a temporary tax break in December aimed to shore up domestic consumption.

[BANGKOK] Thai consumer confidence rose in December to its highest in eight months, a university survey showed on Thursday, boosted by a temporary tax break in December aimed to shore up domestic consumption.

The government allows a tax deduction of up to 15,000 baht of taxable goods and services purchased during Dec 25-31 from their 2015 income tax. The finance minister said late last month that it could lift 2015 GDP growth by 0.1-0.2 percentage point.

REUTERS

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