FX.co ★ Thailand Personal Spending Falls at Softer Pace

In July 2025, Thailand experienced a 0.2% month-over-month decrease in private consumption, a slight improvement from the 0.3% downturn observed in the previous month. There was an increase in spending on durable goods, notably passenger cars, pickup trucks, and motorcycles. Additionally, there was a rise in the consumption of semi-durable goods, largely driven by a higher demand for textiles and apparel. However, there was a decline in the consumption of non-durable goods and services, reflecting weaker tourism-related revenue from both domestic and international visitors. Consumer confidence remained low due to persistent political uncertainty, global trade tensions, a sluggish pace of economic recovery, and ongoing tensions along the Thai-Cambodian border.