Retail Sales in Thailand decreased 2.20 percent in October of 2019 over the same month in the previous year. Retail Sales YoY in Thailand averaged 7.12 percent from 1996 until 2019, reaching an all time high of 113.20 percent in November of 1999 and a record low of -61.30 percent in November of 1998. source: Bank of Thailand
Retail Sales YoY in Thailand is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Thailand to stand at 6.20 in 12 months time. In the long-term, the Thailand Retail Sales YoY is projected to trend around 6.10 percent in 2020, according to our econometric models.