Private consumption in Thailand fell 0.8% month-on-month in March 2026, easing from a 1.8% fall in the previous month. Still, this marked a second consecutive monthly decline, driven largely by weaker spending on services, particularly hotels and restaurants amid subdued tourism activties. Consumption of semi-durable goods also decreased, weighed down by reduced imports of textiles and apparel as well as softer retail sales. In contrast, spending on non-durable goods increased, supported by higher purchases of fuel and consumer goods, as households responded to concerns over rising prices. Spending on durable goods also rose, underpinned by strong passenger car sales. Meanwhile, consumer confidence weakened, reflecting heightened concerns over spillovers from geopolitical tensions in the Middle East, particularly the risk of higher energy prices, which could add upward pressure to production and transportation costs. source: Bank of Thailand

Personal Spending in Thailand decreased 0.80 percent in March of 2026 over the previous month. Personal Spending in Thailand averaged 0.26 percent from 2010 until 2026, reaching an all time high of 6.60 percent in May of 2020 and a record low of -9.60 percent in April of 2020. This page provides - Thailand Personal Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Personal Spending - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Personal Spending in Thailand decreased 0.80 percent in March of 2026 over the previous month. Personal Spending in Thailand is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Personal Spending is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-31 07:00 AM
Private Consumption MoM
Feb -1.8% 1% -0.8%
2026-04-30 07:00 AM
Private Consumption MoM
Mar -0.8% -1.8% 1%
2026-05-29 07:00 AM
Private Consumption MoM
Apr -0.8%


Related Last Previous Unit Reference
Bank Lending Rate 6.37 6.37 percent Feb 2026
Consumer Credit 5285734.00 5296795.00 THB Million Jun 2025
Gasoline Prices 1.31 1.25 USD/Liter Apr 2026
Personal Savings 1.40 2.20 percent Dec 2023
Private Consumption MoM -0.80 -1.80 percent Mar 2026
Retail Sales YoY 20.04 75.61 percent Feb 2026


Thailand Personal Spending
Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -1.80 6.60 -9.60 2010 - 2026 percent Monthly
SA

News Stream
Thailand Personal Spending Falls at Softer Pace
Private consumption in Thailand fell 0.8% month-on-month in March 2026, easing from a 1.8% fall in the previous month. Still, this marked a second consecutive monthly decline, driven largely by weaker spending on services, particularly hotels and restaurants amid subdued tourism activties. Consumption of semi-durable goods also decreased, weighed down by reduced imports of textiles and apparel as well as softer retail sales. In contrast, spending on non-durable goods increased, supported by higher purchases of fuel and consumer goods, as households responded to concerns over rising prices. Spending on durable goods also rose, underpinned by strong passenger car sales. Meanwhile, consumer confidence weakened, reflecting heightened concerns over spillovers from geopolitical tensions in the Middle East, particularly the risk of higher energy prices, which could add upward pressure to production and transportation costs.
2026-04-30
Thailand Personal Spending Drops Most Since 2021
Private consumption in Thailand fell 1.8% month-on-month in February 2026, reversing a 1.0% increase in the previous month. It marked the steepest decline since August 2021, partly driven by a pullback in durable goods spending, following a surge in purchases earlier as consumers rushed to buy electric vehicles before incentives under the EV 3.0 scheme expired. Moreover, manufacturing production weakened, with declines seen in petroleum due to planned refinery maintenance and in electrical appliances amid intensifying competition. The services sector also declined, with notable weakness in trade and hospitality, including hotels and restaurants. Meanwhile, consumer confidence edged up, supported by optimism over the central bank’s decision to cut interest rates to 1% and expectations of stimulus measures from a new government following last month’s elections.
2026-03-31
Thailand Personal Spending Slows in January
Private consumption in Thailand rose by 1% month-on-month in January 2026, slowing from a 2.5% advance in the previous month. This marked the softest rise since May 2025, as spending momentum eased following the expiration of government stimulus measures, leading to weaker outlays on non-durable and semi-durable goods. However, demand for durable goods remained resilient, underpinned by stronger vehicle sales, particularly passenger cars, as buyers brought forward purchases ahead of the EV 3.0 incentive scheme and continued order deliveries. Services consumption also strengthened, driven by higher spending at hotels and restaurants in line with improved foreign tourism receipts. Meanwhile, consumer confidence edged up, supported by optimism over the formation of a new government and expectations of fresh policy support.
2026-02-27