Quarterly Highlights

•   The uncertain outlook on the Thai tourism industry and weakening domestic purchasing power had inevitably slowed the pace of recovery of the retail sector in Q3 2020.

•   In Q3 2020, the total retail supply in Bangkok increased to 7.8 million square metres, an increase of 1.7% Y-o-Y.

•   Thailand’s consumer confidence index (CCI) decreased to 50.9 in October 2020 or a decline of 28.01% Y-o-Y amid political unrests and slow economic recovery.

•   The latest available data for the retail sales index, according to the Bank of Thailand, was at 249.05 in August 2020, or a 5.67% Y-o-Y decline.