Thailand: retailers report weak Q3 results

Date : 25 November 2021

Soo-Eng Tan

Senior Analyst

Thailand retail sales were hit by lockdown in July and August. Consumer Confidence Index declined to lowest in August 2021 and GDP growth revised down to -0.5% according to Thai Chamber of Commerce. Berli Jucker’s Big C reports -4.6% decline in Q3 2021 vs Q3 2020 Retail sales for Q3 declined…
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