Picture: Daily News

 

Thailand's Kasikorn Research center has reported that Songkran spending in Bangkok over the 6 days of the annual holiday this year will be even lower than last year.

 

And nowhere near the level of 2019 indicating a continuing slump in the economy and spending despite government stimulus measures. 

 

After a survey it is thought that the average city dweller surveyed will spend 5,700 baht per person between 10th to 15th April.

 

Total spend will thus be 24 billion baht or 4% lower than previously. 

 

Most of that spending will be on food - 9.7 billion baht.

 

While Thais will continue to tighten their belts on all other forms of Songkran expenditure, said the research center as reported by Daily News. 

 

 

-- © Copyright Thai Visa News 2021-04-03

 

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11 minutes ago, webfact said:

After a survey it is thought that the average city dweller surveyed will spend 5,700 baht per person between 10th to 15th April.

Amazing foresight! ????

On 4/3/2021 at 4:46 AM, webfact said:

While Thais will continue to tighten their belts on all other forms of Songkran expenditure, said the research center as reported by Daily News. 

....except alcohol

2 hours ago, RichardColeman said:

....except alcohol

Yes, the Thais will still be out there in their Vehicles of Death, driving everywhere completely Rat A@#$d.

There seems to be not belt tightening when it comes to the Booze and Gasoline mixture.

 

On 4/3/2021 at 10:46 AM, webfact said:

Most of that spending will be on food - 9.7 billion baht.

Not forgetting liquid refreshments.... a very close second.