
Thailand's consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday.
That would be a record 20% jump from about 86 billion baht spending during the previous New Year period, UTCC president Thanavath Phonvichai told a briefing on a consumer survey.