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Thai consumer mood at 9-min low in May on living costs, Ukraine war -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Thailand’s consumer goods are on display in a Hanoi shop, Vietnam, 29 March 2016. REUTERS/Kham

BANGKOK, (Reuters) – Thai consumers’ confidence fell for the fifth consecutive month in May. The drop was due to concerns over rising living costs as well as Russia’s incursion into Ukraine. A survey on Thursday showed that this result.

In May, the University of the Thai Chamber of Commerce saw its consumer index fall to 40.2 from 40.7 the prior month.

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