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September 14, 2023
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Thailand consumer confidence 56.9 in Aug-23



- Thailand's consumer confidence increased to 56.9 in August 2023, reaching its highest level since February 2020.
- Despite this notable improvement, the score remains 18.60 points below the long-run average, indicating the need for further recovery to pre-pandemic levels of consumer confidence.

September 05, 2023
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Thailand CPI inflation 0.88% y-o-y (consensus 0.7) in Aug-23


- Thailand's CPI inflation for August 2023 exceeded market expectations, reaching 0.88% year-on-year and marking the highest growth rate since April 2023.
- Despite this increase, both the headline and core CPI inflation rates remain below their respective average levels, indicating a relatively subdued level of price increases in the economy.