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Bangkok Post
Bangkok Post
Business

Mother's Day to see 9% rise in spending

Thanavath Phonvichai UTCC Covid-19 Economy Omicron Thai
Shoppers examine products at a Bally store in Central Chidlom department store in Bangkok. Mr Thanavath said the poll indicated that the economy has started recovering now people have fewer concerns about the Covid-19 situation. (Photo: Somchai Poomlard)

Spending on Mother's Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012, as consumers feel less concerned about the Omicron variant of Covid-19, reflecting the start of the country's tepid economic recovery, according to the University of the Thai Chamber of Commerce (UTCC).

Thanavath Phonvichai, president of the UTCC, said the survey on spending behaviour during Mother's Day on Aug 12, including 1,288 respondents nationwide, showed that most of those sampled plan to spend more on the holiday and will go out to travel and dine out.

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