Thai consumer confidence drops in September, survey shows

What happened: Thailand's consumer confidence index fell in September for the first time in four months, according to a University of the Thai Chamber of Commerce survey, hurt by flooding, a slow economic recovery and high living costs. Key numbers: Index fell to 52.1 in September from 53.2 in August. Why it matters: The university said sentiment could improve later this year if flood risks ease, oil prices fall, tourism picks up and government stimulus measures gain traction. Global tensions also weighed on confidence.

Thailand's consumer confidence index fell in September for the first time in four months, according to a University of the Thai Chamber of Commerce survey, hurt by flooding, a slow economic recovery and high living costs.

The university said sentiment could improve later this year if flood risks ease, oil prices fall, tourism picks up and government stimulus measures gain traction. Global tensions also weighed on confidence.