A girl shoots her water gun at revellers during the Songkran festival in Phra Pradaeng district, Samut Prakan, on April 21, 2019. (Bangkok Post file photo)
People’s spending during the upcoming Songkran festival is expected to dive by 17% from 2019 to 113 billion baht, the lowest in nine years, as people remain worried about the pandemic and weak purchasing power, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC).
“The lower spending means the Songkran festival will not be as vibrant as usual, though it’s unlikely to be gloomy either,” Thanavath Phonvichai, the UTCC president, said yesterday.
The relatively sluggish atmosphere was attributed to the Covid-19 impact causing people to be more cautious about their health and budget.
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