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Reducing the interest rate indicates a slowing of the economy. Center Director, economic and business forecasting at the University of Chamber of Commerce of Thailand, said the reduction in interest rate is a clear indication of a slowing of the economy in the country. Is reflected by a decrease in consumer confidence index, which had decreased from 74.7 in last month at 73.5. This is a sustained decrease in the three-month contraction and is the lowest in the five-month period.
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