
Consumer spending in Thailand will post solid growth over 2022, with real household spending (based on 2010 prices) projected to grow by 4.6% year-on-year.
This is a slowdown from the 7% year-on-year growth estimated for 2022, when growth was boosted by low base effects from the 11.7% year-on-year contraction in 2020 and flat growth of 0.3% in 2021.