Confidence dips for second straight month in April
AI Summary
Business and consumer confidence in Thailand has decreased for the second consecutive month due to concerns over the Middle East conflict and rising oil prices. This trend could adversely affect various sectors of the economy.
Business and consumer confidence indices dropped for the second consecutive month in April, primarily due to concerns about the Middle East conflict and oil shock disrupting various sectors, according to the University of the Thai Chamber of Commerce (UTCC).