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Thai Feb consumer sentiment at 3-month low: survey

Thursday, March 3, 2016 - 13:16

[BANGKOK] Thai consumer confidence fell to a three-month low in February, a university survey showed on Thursday, hurt by concerns over global and domestic economic prospects as well as high living costs.

Consumers felt the country's economic recovery was slow and the impact of drought had increased, the University of the Thai Chamber of Commerce said in a statement.

Southeast Asia's second-largest economy has struggled to recover since the army seized power in May 2014 with exports and domestic demand remaining sluggish.

The junta has introduced stimulus measures and stepped up infrastructure projects in an attempt to lift activity.

REUTERS

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