Consumer spending could rise 17% to 125 billion baht, a four-year high, during the upcoming Songkran holiday as the economy and tourism gather steam, according to the University of the Thai Chamber of Commerce (UTCC).
The figure would be the highest since the 136 billion baht spent in pre-pandemic 2019, suggesting the Covid-19 outbreak has been resolved, UTCC president Thanavath Phonvichai told a briefing on Tuesday.
