FX.co ★ Thai Private Consumption Returns to Growth in May After April Slump

Thailand’s private consumption bounced back into positive territory in May 2026, offering a tentative sign of resilience in domestic demand after a sharp contraction the month before.

According to the latest data updated on 30 June 2026, private consumption rose 0.6% month-over-month in May, reversing a 2.1% month-on-month decline recorded in April 2026. The figures are based on a comparison of each month’s change relative to the previous month.

The improvement suggests that household spending, a key pillar of Thailand’s economic activity, has begun to stabilize following April’s setback. While the rebound is modest, the shift from negative to positive growth underscores a more supportive backdrop for short-term consumption trends heading into the middle of 2026.