BANGKOK, Dec 4 (Reuters) – Thai consumer confidence rose for a third consecutive month in November to reach its highest level in six months, helped by government policies and support for domestic tourism, a survey showed on Thursday.
The consumer index of the University of the Thai Chamber of Commerce rose to 53.2 in November from 51.9 the previous month, the university said in a statement.
Consumers are hopeful that the government’s economic stimulus policies will lead to a short-term recovery, it said.
The government has introduced a series of stimulus measures to revive the economy, including a 44 billion baht ($1.34 billion) consumer subsidy programme.
However, consumers still felt that the economy overall was recovering slowly and that the cost of living remains high.
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