Thailand Consumer Confidence

Last Release

May 31, 2025

Actual

54.2

Units In

Points

55.4

Frequency

Monthly

Next Release

Jul 11, 2025

Time to Release

26 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
112.4 Dec 2003	39.6 Aug 2021	73.69 Points	1998-2025	University of the Thai Chamber of Commerce

In Thailand, the Consumer Confidence Index (CCI) measures consumer’s outlook about current and future economic conditions, job prospects and income expectations. The index is based on a survey of around 2440 households. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook.

Latest Updates

The University of the Thai Chamber of Commerce’s consumer confidence index dropped to 54.2 in May 2025 from 55.4 in the previous month. This marked the fourth consecutive monthly decline and the lowest level since March 2023, reflecting a fragile economic recovery and mounting concerns over potential US tariffs. Thailand could face a 36% tariff from the US if no agreement is reached before the moratorium expires on July 8. Last month, the Ministry of Finance downgraded its 2025 GDP growth forecast to 2.1% from 3.0%, citing US trade measures and a global slowdown as key factors. In 2024, Thailand’s economy grew by 2.5%, but slightly below the official target of 2.6%. Meanwhile, consumer prices decreased by 0.57% year-on-year in May, marking the second straight month of deflation and moving further below the Bank of Thailand’s target range of 1% to 3%.