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Bangkok Post
Bangkok Post
Business

New Year spending to hit B103bn

New Year's gifts are on offer during the New Year festive season. (Photo: Somchai Poomlard)

Consumer spending during the New Year holiday is expected to reach 103 billion baht, pushed by the country's continued economic recovery from the pandemic.

The estimated spending is an expansion of 20.1% from the 85.7 billion baht posted during the previous New Year period, the highest increase since 2007 and the first time in three years consumption exceeds 100 billion baht.

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