Thai consumer confidence drops to 13-month low in August

BANGKOK: Thai consumer confidence dropped for a sixth consecutive month in August to its lowest level in 13 months, over concerns about slow economic growth and higher living costs as government policies remained unclear, a survey showed on Thursday.

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The consumer index of the University of the Thai Chamber of Commerce fell to 56.5 in August from 57.7 in the previous month, the university said in a statement.