Shoppers examine goods on display at a branch of Gourmet Market at Siam Paragon.
Spending on shopping in the second half of this year appears to be less promising than initially anticipated, mainly due to numerous challenges faced in both the domestic and international markets.
Factors that contribute to the decline in consumer purchasing power during the remaining six months of this year include global economic uncertainty, rising interest rates, delays in the formation of a new government, increasing household debt, the impending drought from El Niño, and the current low season for tourism.
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