The Chamber of Commerce points out that Songkran year 65 is the lowest money flow in 10 years.

Center for Economic and Business Forecasting Songkran 65 survey reveals the lowest money flow in 10 years after oil prices product prices rise Consumers focus on saving reduce spending

Today (8 April 2022) Economic and Business Forecasting Center The University of the Thai Chamber of Commerce revealed that a survey on spending behavior during the Songkran festival found that people would spend 45 percent less because they were worried about the cost of living, product prices and rising fuel prices. resulting in cost savings and part of the debt increased

Thanawat Phonwichai, president of the University of the Thai Chamber of Commerce, said that the problem Affecting the Songkran atmosphere this year may not be as fun as in the past. and should be sluggish in the 10th time since 2013, with this year’s cash flow of 106,772 million baht, a decrease of 5.4% compared to 2021, when there was a current of 112,867 million baht and a decrease of 21.4 percent compared to 2019 before There will be an outbreak of COVID-19 The average cost per person is 4,779 baht.

As for the planning of Songkran tourism activities this year Most citizens will play in their own provincial areas. Refrain from traveling outside the area or travel to distant provinces because of high oil prices and concerns about COVID-19

forecasting center also assessing the economic recovery of Thailand this year Still growing in the 2.5 – 4 percent frame, or a growth of 3.5 percent, in view that people can live with Omikron. and Thai exports grew by 4 – 5 percent because the war problem gradually subsided.

but believes that the 2nd quarter will be better from the easing of immigration measures tourism promotion And if the government expands the project halfway through Phase 5, starting in June 2022, it will bring 45 billion baht into the economy, which will stimulate the economy.

Related news

The Ministry of Public Health estimates that after Songkran, 50,000 people may be infected per day.

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