Bangkok: The June consumer confidence index fell across all items for the fifth consecutive month and the lowest in 28 months due to concerns about government stability and the trade war.

According to Thai News Agency, the Economic and Business Forecasting Center of the University of the Thai Chamber of Commerce and the Chamber of Commerce announced the results of the Consumer Confidence Index survey for June 2025. The survey revealed that the Consumer Confidence Index has continuously decreased for the fifth month and is at its lowest level in 28 months since March 2023. Consumers are increasingly worried about the stability of the Thai government and the impact of the trade war stemming from the Trump 2.0 policy. Despite efforts by the government to stimulate the economy and the Bank of Thailand’s decision to implement a loose monetary policy by reducing the policy interest rate twice, totaling 0.5% to 1.75%, consumers perceive the Thai economy as recovering slowly, with limited access to credit.

Additionally, the overall economic confidence index, job opportunity confidence index, and future income confidence index were recorded at 46.7, 50.6, and 60.9, respectively, marking a decline for the fifth consecutive month. In comparison, the indexes in May stood at 48.1, 51.9, and 62.7, respectively. The continued low levels of these indexes, below the normal level of 100, indicate persistent consumer uncertainty regarding the economic situation, job opportunities, and future income. Concerns over domestic political stability, high living costs, and the risk of a slowing global economy due to the ongoing trade war further exacerbate fears that the Thai economy and employment opportunities will recover slowly, leading to uncertain future income for consumers.