Expenditure set to surpass 2019 level
PUBLISHED : 19 Sep 2024 at 05:56
Shoppers stroll around Bangkok’s Sampheng Market, as consumer spending remains pressured by high household debt.
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Expenditure set to surpass 2019 level
PUBLISHED : 19 Sep 2024 at 05:56
Shoppers stroll around Bangkok’s Sampheng Market, as consumer spending remains pressured by high household debt. Nutthawat Wichieanbut
The Bank of Thailand’s expected interest rate cuts, prompted by the strong baht, and growth in the tourism sector will both increase the country’s consumer spending, which is expected to exceed the 2019 level for the first time this year, say…