FX.co ★ Thailand Retail Sales Growth Slows

In May 2025, Thailand experienced a 26.1% increase in retail sales compared to the same period last year. This marks a slowdown from the 41.9% growth observed the previous month. The increase was more moderate for non-durable goods, which saw a rise of 1.7% compared to 3.8% in April, and for other goods, which grew by 57.1% from 89.3%. In contrast, sales of durable goods fell by 2.1%, a shift from the 0.6% growth recorded earlier. Similarly, the sales of motor vehicles and automotive fuel decreased by 1.2%, compared to the previous month's 0.7% growth. However, sales in department stores, supermarkets, and general stores continued to grow, reaching a 21.7% increase from 14% in April. On a month-to-month basis, retail activity saw an 11.7% decline in May, negating the 19.3% gain achieved in April.