FX.co ★ Thailand Personal Spending Rebounds in October

In October 2025, Thailand experienced a 1.3% month-on-month increase in private consumption, rebounding from a 0.8% decline observed in the previous month. This recovery was driven by heightened spending on services, notably within the hotel and restaurant sectors, spurred by a surge in both domestic and international tourism. Additionally, there was an uptick in expenditures on non-durable goods, notably fuel, correlating with increased transport activity. The consumption of durable goods also saw a rise, propelled by robust sales of passenger vehicles, including electric models. Spending on semi-durable goods maintained stability throughout the month. Concurrently, consumer confidence improved for the second month in a row, bolstered by the continued impact of government stimulus initiatives.