CONSUMER MOOD DIPS

Economy December 07, 2018 01:00

By The Nation

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The Consumer Confidence Index (CCI) dropped to 80.5 in November from 81.3 in October, reflecting consumers’ concerns about their future income as the country’s economy shows signs of sagging, according to a report by the Thai Chamber of Commerce University yesterday.



November marked the third-straight month of declines in the CCI.

The survey also showed that household debt in 2018 reached Bt316,623 per family, up 5.8 per cent from 2017 amid the pressures on the economy that have forced families to take on more debt.

According to the survey, 64.7 per cent of total household debt is held by banks and other financial institutions, with the rest held outside the banking system.