Thailand Consumer Confidence

The University of the Thai Chamber of Commerce's consumer confidence index declined to 51.9 in December 2025 from 53.2 in the previous month, which was the highest reading in six months. The decline came amid a rising cost of living and concerns over the impact of floods in several provinces. The fall in agricultural prices also pressured sentiment, as it affected purchasing power in some areas across different provinces in the short term. Consumers are also concerned about Thailand's GDP outlook amid an appreciating currency, the impact of new US tariffs, high household debt, and political uncertainty ahead of elections in early February. Data from the Office of the National Economic and Social Development Council showed that in the first three quarters of 2025, the economy expanded by 2.4%, and it was expected to grow by 2% for the full year, down from 2.5% in 2024. Meanwhile, the economy is projected to grow in the range of 1.2%–2.2%, with a median estimate of 1.7%.