The country’s private consumption slowed in January month-on-month because of concern about the surge in Omicron infections, says Fiscal Policy Office deputy spokesman Wuttipong Jittungsakul.
The consumer confidence index fell to 44.8 in January from 46.2 in December 2021.
Last month, the economy gained support from private investment and the recovering tourism sector, he said.
In January the collection of value-added tax, which reflects consumer consumption, expanded 17.4% year-on-year but declined 9.3% month-on-month.
The purchase of motorcycles in January rose 7.2% year-on-year, but fell 9.9% month-on-month.
Sales of passenger cars jumped 45.1% year-on-year and 14.3% month-on-month.
The sale of…
