Consumer confidence has started to trend down again after peaking in 2022-23, prompting many consumers to delay purchases of big-ticket items such as homes and cars, according to property consultancy Terra Media and Consulting.
Sumitra Wongpakdee, managing director of Terra, said an online survey conducted between May 1-15 found the consumer confidence index had fallen to 56, down from 66 in the second half of 2025.