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The Bank of Thailand pointed out that retail sales continued to deteriorate. Cost of living aggravates purchasing power down – Post Today Financial News – Stocks

The Bank of Thailand pointed out that retail sales continued to deteriorate. The cost of living aggravates the purchasing power decreases.

Date 06 Jun 2022 at 06:55 a.m.

The Bank of Thailand pointed out that retail sales continued to deteriorate. The cost of living aggravates the purchasing power is reduced and the need to buy more expensive things. and government stimulus measures run out of ammunition

The Bank of Thailand (BOT) reported the results of the Retailer Sentiment Index (RSI) May 2022 survey conducted in conjunction with the Thai Retailers Association. The key points of the survey can be summarized as follows:

1. Confidence in retail operators both at present and in the next three months has declined due to the rising cost of living situation, which further aggravates weak consumer purchasing power. and the government’s consumption stimulus measures gradually expired. which pressures the recovery of the retail business

2. Special issue, found that consumers tend to spend more from the previous month. This was partly due to rising prices of many basic commodity categories. especially in the category of essential goods It was also found that consumers were more active outside the home. both tourism Returning to work at the company and opening the semester

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