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New Year Spending Hits 12-Year-Low Due to Omicron Fears


Jonathan Fairfield

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13 hours ago, Gsxrnz said:

A 12 year low for domestic spending by Thais, probably a 50 year low when you deduct non-spending by tourists.

It's hard to believe holiday spending was lower in 2009. As you say, it might be a 50 year low, or at least the lowest since the Asian financial crisis in 1997.

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