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New data Private Consumption MoM (Oct)

11/29/2024

actual 0.8, previous -0.6

The event is the Private Consumption MoM (Month-over-Month) for October in Thailand. It measures the change in the value of goods and services purchased by consumers in the private sector during the specified month compared to the previous month.

- **Actual**: The actual value reported for this month is 0.8%.
- **Previous**: The previous value reported was -0.6%.
- **Estimate**: The estimated value for this month was 0.2%.
- **Change**: The change from the previous period is 1.4%.
- **Change Percentage**: The percentage change from the previous period is 233.33%.
- **Impact**: This event is categorized as having a low impact on the market.
- **Country**: Thailand
- **Currency**: Thai Baht (THB)

In this case, the actual private consumption for the month of October has increased by 0.8% compared to the previous month, surpassing both the estimated value and the previous month's value. This could indicate an increase in consumer spending, which is generally seen as a positive sign for the economy.

This is not investment advice. Remember to verify the information provided here.

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