Consumer confidence drops for third month in a row

Quick Summary:

The consumer confidence index (CCI) dropped for a third consecutive month in April to hit its lowest level in seven months, attributed to concerns over US tariffs, falling agricultural product prices, and political uncertainties.

He said as negotiations begin between the US and other nations, a universal tariff rate of 10% will be implemented, while reciprocal tariffs will be deferred.

Regarding the US reciprocal tariffs, Mr Thanavath acknowledged a shift towards more constructive discussions following the recent talks between the US and China.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaOman

Topics: Uncertainties Consumer Spending Economic Political Stimulus Consumers Trade Confidence Tariffs Thanavath

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 03:00:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28736391

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Official Website: bangkokpost.com

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