Consumers regain their confidence

 The university showed that Consumer Confidence Index advanced from 78 points in June to 78.9 point last month. All related indexes also moved up after declines since March this year.

 The survey of 2,244 respondents showed the persistent worries on higher costs of living and the political uncertainty. Other factors of concern included the drop in SET index last month, slightly weakening baht, and rising policy interest rate.

 Thanavath Phonvichai, director of the UTCC's Economic and Business Forecasting Centre, said that consumers have better confidence thanks to the government's six measures and lower oil price. Still, the political uncertainty could affect confidence in the long run. Though the index on political worries was the lowest in eight months, consumers are still concerned with the political condition. The July's index has not included Thaksin's case yet.