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In March, Thailand'S Consumer Confidence Index Dropped To 79.8.

2011/4/11 13:08:00 62

According to Thailand World Journal April 8th, the head of the Thailand trade union university trade and Economic Research Center, he Nava, said that in 2011 March, consumer confidence index was lower and was hit hard by many factors, such as Japan's earthquake, southern floods, soaring oil prices, unclear future urban development, and global economic disruption. Consumer confidence index dropped from 80.9 in February to 79.8, with the southern confidence index dropping the most.

Consumers feel that the price level in March has risen significantly, making consumer confidence, including buying new cars, new homes and tourism, have declined, and the happiness index has dropped from 82.2 last month to 84.6.

In March, consumer confidence in the overall economy dropped from 72.2 in February 2011 to 71. The confidence index for job opportunities also dropped from 71.6 in February to 71.6, and the confidence index for future income dropped to 96.8 from 97.9 in February.

The above 3 confidence indices have dropped for second consecutive months.

He Nava revealed that in March

Consumer

The decline in confidence index is mainly due to public concerns about natural disasters such as earthquakes and tsunamis in Japan, and floods in southern Thailand, which are likely to affect Thailand's exports and tourism.

Coupled with the rising retail price of domestic fuel, the burden of living is increasing, and the political situation and the global economic recovery are unstable in the future.

Fortunately, there are still many factors in the market, including the rising price of agricultural products and the increase of farmers' income.

consumption

Capacity; the government introduced measures to maintain diesel price not exceeding 30 baht per litre; and the export figures continued to grow in March.

He navai pointed out that the center predicted that the southern flood will cause 217-265 billion baht losses, accounting for about 0.24-0.29% of gross domestic product (GDP), which will seriously attack GDP in the second quarter of 2011, resulting in a decrease of 0.5-1% in growth rate.

Despite the impact of a variety of negative factors, the center is still optimistic that Thailand's GDP growth rate will reach 4.5% in 2011.

In addition, it is necessary to observe whether the liquidity generated by the general election can stimulate economic growth and contribute to the rapid economic recovery in the second quarter.

Wichala, Professor of economic research center of Thailand chamber of Commerce, predicted that the southern floods will make Thailand second quarter.

Gross domestic product

The growth rate has shrunk by 0.1-1%, and the impact on GDP has been 0.24%, and the loss has been estimated at 21 billion 750 million to 26 billion 570 million baht.

The most serious loss of agriculture is 100-120 billion baht. 1500 shrimp farms have been damaged. 5 months later, the South will not be able to export shrimp, and nearly 30% of the roads will be damaged, causing pport to be in trouble.

Poultry, chicken and ducks and other losses up to 3 million 500 thousand.

The disaster assessment of Surat Thani, Luo Kun and Krabi Prefecture led to a 45% fall in GDP in southern Thailand.

The University of Commerce believes that the results of the assessment are even worse than the previous initial assessment. Fortunately, the government of Songkhla is not affected very much. The flood will go back to investigate whether it is possible to resume planting crops immediately.