New Year Spending to Surge over 100 Billion Baht: Survey

[snoop1130]

 

BANGKOK, Dec 21 (TNA) – Spending sentiment for the upcoming New Year festival is expected to be lively and reach over 100 billion baht, according to the survey by the University of Thai Chamber of Commerce.

 

Dr. Tanawat Polwichai, Director of the Center for Economic and Business Forecasting, the University of the Thai Chamber of Commerce disclosed the results of the opinion poll on the consumer behavior and spending patterns during the New Year festivities of 2024.

 

The survey, conducted from December 10 to 16, 023, sampled 1,258 respondents nationwide, evaluating expenditures totaling 105.924 billion baht.

 

Full story: Thai News Agency 2023-12-21

 

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[StayinThailand2much]

1 hour ago, snoop1130 said:

(...) sampled 1,258 respondents nationwide, evaluating expenditures totaling 105.924 billion baht.

 

That's a whopping 1,471 baht (US$42.25) for each of the 72 million citizens over a few New Year holidays! Party time!!

Edited December 21, 2023 by StayinThailand2much

[hotchilli]

12 hours ago, snoop1130 said:

Spending sentiment for the upcoming New Year festival is expected to be lively and reach over 100 billion baht, according to the survey by the University of Thai Chamber of Commerce.

For a nation that is already so in debt that's quite a prediction.

[hotchilli]

10 hours ago, StayinThailand2much said:

 

That's a whopping 1,471 baht (US$42.25) for each of the 72 million citizens over a few New Year holidays! Party time!!

Shame they haven't got the 10K each yet to splash out on parties.

[bamnutsak]

This excludes kick-backs presumably?