Thailand’s private consumption contracted in February 2026, with the indicator falling 1.8% month-on-month, according to data updated on 31 March 2026. The decline marks a sharp reversal from January 2026, when private consumption grew 1.0% compared with the previous month.
The month-on-month comparison shows that, after starting the year with positive momentum, household spending weakened notably in February. The latest reading indicates that the improvement seen in January was not sustained into the following month, pointing to softer short-term demand dynamics within the Thai economy.
