Retail sales in Thailand fell 14.5% year-on-year in May 2026, easing from a 20% plunge in the previous month. Sales in other retail categories contracted at a slower pace (-31.3% vs -37.1% in April), supported by stronger sales via stalls and markets for other goods (34% vs 11.6%) and sales through mail-order houses and the internet (61.9% vs 49.3%). In contrast, sales growth for non-durable goods eased to 1.75% from 5.5% in the previous month, mainly due to a decline in food sales (-3.7% vs 5.1%) and weaker growth in pharmaceutical and medical goods, cosmetics, and toiletries (2.9% vs 8.5%). Sales growth also moderated for durable goods (4.2% vs 8.6%) and automotive fuel (11.7% vs 12.1%). On a monthly basis, retail activity declined 5.3% in June, significantly improving from a 22% slump in the previous month. source: Bank of Thailand

Retail Sales in Thailand decreased 14.50 percent in May of 2026 over the same month in the previous year. Retail Sales YoY in Thailand averaged 8.17 percent from 1996 until 2026, reaching an all time high of 113.19 percent in November of 1999 and a record low of -61.28 percent in November of 1998. This page provides the latest reported value for - Thailand Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Retail Sales in Thailand decreased 14.50 percent in May of 2026 over the same month in the previous year. Retail Sales YoY in Thailand is expected to be -32.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Retail Sales YoY is projected to trend around 8.60 percent in 2027 and 7.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-30 07:30 AM
Retail Sales YoY
Apr -20% 21.2% 50.0%
2026-07-31 07:30 AM
Retail Sales YoY
May -14.5% -20% -13.0%
2026-08-28 07:30 AM
Retail Sales YoY
Jun -14.5% -12.0%


Related Last Previous Unit Reference
Bank Lending Rate 6.27 6.27 percent Jul 2026
Consumer Credit 5285734.00 5296795.00 THB Million Jun 2025
Gasoline Prices 1.08 1.14 USD/Liter Jul 2026
Personal Savings 1.40 2.20 percent Dec 2023
Private Consumption MoM 1.10 0.60 percent Jun 2026
Retail Sales YoY -14.50 -20.00 percent May 2026


Thailand Retail Sales YoY
In Thailand, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.
Actual Previous Highest Lowest Dates Unit Frequency
-14.50 -20.00 113.19 -61.28 1996 - 2026 percent Monthly
NSA

News Stream
Thailand Retail Sales Fall at Softer Pace
Retail sales in Thailand fell 14.5% year-on-year in May 2026, easing from a 20% plunge in the previous month. Sales in other retail categories contracted at a slower pace (-31.3% vs -37.1% in April), supported by stronger sales via stalls and markets for other goods (34% vs 11.6%) and sales through mail-order houses and the internet (61.9% vs 49.3%). In contrast, sales growth for non-durable goods eased to 1.75% from 5.5% in the previous month, mainly due to a decline in food sales (-3.7% vs 5.1%) and weaker growth in pharmaceutical and medical goods, cosmetics, and toiletries (2.9% vs 8.5%). Sales growth also moderated for durable goods (4.2% vs 8.6%) and automotive fuel (11.7% vs 12.1%). On a monthly basis, retail activity declined 5.3% in June, significantly improving from a 22% slump in the previous month.
2026-07-31
Thailand Retail Sales Fall for the 1st Time in 8 Months
Retail sales in Thailand sank by 20% year-on-year in April 2026, reversing sharply from a 21.3% surge in the previous month. This marked the first annual decline since August last year, driven largely by a steep 37.1% drop in other retail trade after a 36.7% increase in March. Growth in non-durable goods eased to 5.5% from 12.8%, reflecting a decline in beverages (-2.0% vs 8.8%) and slower increases in pharmaceuticals (8.5% vs 14.0%) and tobacco products (0.3% vs 20.1%). Durable goods growth also slowed to 8.6% from 10.0%, as weaker sales of other cultural and recreation goods (-16.5% vs -11.0%) and music and video recordings (-11.0% vs -14.7%) outweighed stronger demand for textiles (39.2% vs 39.0%) and sporting equipment (35.1% vs 38.2%). Department stores and general stores rose 0.4% after rising 6.1%, while sales of motor vehicles and automotive fuel edged up to 6.2% from 5.7%. On a monthly basis, retail sales declined 22.0%, following a 4.8% increase in March.
2026-06-30
Thailand Retail Sales Growth Slows in March
Retail sales in Thailand rose 21.2% year-on-year in March 2026, easing from 31.4% in February, marking the softest growth in four months. The slowdown was mainly due to softer rises in other retail trade (36.7% vs 67% in February). Meanwhile, non-durable goods growth picked up to 12.5% (vs 4.7%), primarily supported by pharmaceutical and medical goods, cosmetics and toiletries (13.8% vs -1.0%). Durable goods rose 8.7% (vs 3.1%), but momentum was uneven as larger gains in computers and telecom equipment (18.9% vs 3.1%), audio and video equipment (14.3% vs 5.9%), textiles (38.3% vs 30.3%), and sporting goods (37.3% vs 27.4%) were partly offset by moderating growth in games and toys (29.5% vs 48.8%). Department stores and general stores rose 6.1% (vs 4.6%), while motor vehicles and automotive fuel rebounded 5.5% (vs -3.3%). On a monthly basis, retail sales grew 4.8%, recovering from a 25.3% drop in February.
2026-05-29