Thailand Personal Spending Rises at a Faster Pace

2026-07-31 07:54 By Czyrill Jean Coloma 1 min. read

Private consumption in Thailand increased by 1.1% month-on-month in June 2026, accelerating from 0.6% in the previous month.

It marked the second straight month of growth, driven mainly by stronger spending on non-durable goods amid higher consumer goods sales following government stimulus measures, as well as improved fuel consumption as retail fuel prices declined and sales returned closer to normal levels.

Spending on durable goods also strengthened, supported by higher motorcycle registrations and passenger car sales, partly reflecting growing consumer interest in electric vehicles.

Consumption of semi-durable goods also advanced, supported by higher imports of textiles and apparel.

In contrast, spending on services weakened, particularly at hotels and restaurants, in line with softer tourism activity.

Meanwhile, consumer confidence improved, buoyed by government measures and easing concerns over tensions in the Middle East.



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Thailand Personal Spending Rises at a Faster Pace
Private consumption in Thailand increased by 1.1% month-on-month in June 2026, accelerating from 0.6% in the previous month. It marked the second straight month of growth, driven mainly by stronger spending on non-durable goods amid higher consumer goods sales following government stimulus measures, as well as improved fuel consumption as retail fuel prices declined and sales returned closer to normal levels. Spending on durable goods also strengthened, supported by higher motorcycle registrations and passenger car sales, partly reflecting growing consumer interest in electric vehicles. Consumption of semi-durable goods also advanced, supported by higher imports of textiles and apparel. In contrast, spending on services weakened, particularly at hotels and restaurants, in line with softer tourism activity. Meanwhile, consumer confidence improved, buoyed by government measures and easing concerns over tensions in the Middle East.
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Private consumption in Thailand fell 2.1% month-on-month in April 2026, slipping further from a 0.8% decline in the previous month. It marked the steepest contraction since July 2021, mainly driven by weaker spending on non-durable goods, including consumer goods and fuel, amid higher energy costs that raised the cost of living, as well as adjustments in working and travel patterns amid significantly higher energy prices. The services index declined, weighed down by softer activity in hotels and restaurants, while expenditure by non-residents decreased. Meanwhile, consumer confidence decline amid energy prices linked to ongoing conflicts in the Middle East.
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