BANGKOK, Dec. 7 (Xinhua) -- Thailand's consumer confidence index (CCI) reached a 44-month high in November due to government support measures and rising foreign tourist arrivals, a survey showed on Thursday.
According to the University of the Thai Chamber of Commerce (UTCC) survey of 2,242 respondents across the Southeast Asian country, the CCI inched up to 60.9 in November from 60.2 in October as all components of the index improved for the fourth month.
The November figure was mainly attributed to lower living costs resulting from the government's energy and gasoline price cuts, along with economic stimulus through the visa exemption scheme, said UTCC President Thanavath Phonvichai.
However, the slowing confidence growth and the CCI, which remains below the normal level of 100, indicated that consumers still did not have confidence in the economic situation and that further stimulus would be needed, Thanavath told a news conference. ■
