FX.co ★ Thailand's Private Consumption Stagnates in January 2024

Thailand's private consumption showed stagnant growth in January 2024, with the indicator stopping at 0% compared to the previous month. This comes after a slight increase of 0.1% in December 2023. The data was updated on 29 February 2024, reflecting a month-over-month comparison in which no significant change was observed. Private consumption plays a crucial role in driving economic growth, and this flat trend may have implications for Thailand's overall economic performance in the coming months. Analysts will be closely monitoring future data releases to assess any potential impact on the country's economic outlook.