High Season Tourism Boosts Economic Confidence Index

Khaosod•Economy•1d ago

Reader Briefing

Thailand's regional economic confidence is expected to expand in the next six months, driven by high season tourism and other seasonal factors.

•The regional economic confidence index for May 2026 indicates a projected expansion in the economy.
•High season tourism is a primary driver, particularly benefiting the service sector in the East and North.
•Seasonal industrial factors and agricultural demand also contribute to the positive outlook.
•Potential risks include the Middle East conflict and the El Niño phenomenon.

•The Office of the Public Debt Management Committee (PDMO) announced that the regional economic confidence index for May 2026 shows an expansion trend.
•The regional economic confidence index for May 2026 reflects economic expansion in the regions over the next six months.
•High season tourism is the primary supporting factor for the economic expansion, especially in the service sector.
•The industrial sector is buoyed by increased raw material supply due to seasonal factors.
•The confidence index for the Eastern region is at 73.5, driven by the service sector and consumer spending promotions.
•The Eastern Economic Corridor (EEC) also shows a positive signal at 74.9, supported by services and employment.
•The North's confidence index is at 67.9, with growth in industry and services benefiting from seasonal agricultural produce and Soft Power policies.
•The conflict in the Middle East affecting energy prices, El Niño, and global economic uncertainty are potential risks to future confidence.

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Winich Wisetsuwannaphum

"The regional economic confidence index for May 2026 reflects a trend of economic expansion in the regions over the next six months."

ดัชนีความเชื่อมั่นอนาคตเศรษฐกิจภูมิภาคประจำเดือนพ.ค. 2026 สะท้อนแนวโน้มเศรษฐกิจภูมิภาคในระยะ 6 เดือนข้างหน้าที่ขยายตัวได้

Office of the Public Debt Management Committee(สศค.)

Announced the regional economic confidence index report.

Ministry of Finance(กระทรวงการคลัง)

The ministry whose spokesperson commented on the economic confidence index.

Federation of Thai Industries(สภาอุตสาหกรรมแห่งประเทศไทย)ℹ️

An organization that provides data for the regional economic confidence index.

Mr. Winich Wisetsuwannaphum(นายวินิจ วิเศษสุวรรณภูมิ)

Director of the Fiscal Policy Office (FPO) and spokesperson for the Ministry of Finance.

EEC(อีอีซี)ℹ️

The Eastern Economic Corridor, which shows a continued positive economic signal.

Middle East(ตะวันออกกลาง)ℹ️

A region where conflict is a potential factor impacting economic confidence.

Soft powerℹ️

Policies supporting creative industries that help increase the value of local products.