Thailand business confidence

Thailand’s business confidence increased to 49.6 by 2.0% on February 2024 from 48.8 in the previous month. On a year on year basis Thailand’s business confidence decreased by -2.0%. Thailand’s business confidence trend is down since the current value of 49.6 is lower than the 12 month moving average of 49.72. and the 12 month moving average slope is down.Thailand’s business confidence 1-year percentile is currently at 17.0 5-year percentile is currently at 39.0%. MacroVar monitors the factors of Momentum, Trend for Thailand business confidence.
A detailed analysis can be found here