Nation Thailand
Thai retailers urge Easy e-Receipt revival to boost spending
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Thailand’s retail sector is calling for stronger economic stimulus, including the revival of the Easy e-Receipt scheme with an eligible spending ceiling of 100,000 baht, as household debt and accumulated living costs continue to squeeze consumers’ pu
Key facts
- Nath Vongphanich, president of the Thai Retailers Association, estimated that Thailand’s retail industry would grow by approximately 3% in 2026
- Bank of Thailand data indicate that the Thai economy is likely to expand by about 1.6% to 2% this year
- However, GDP growth could exceed 2% if year-end stimulus measures, fourth-quarter spending and foreign tourist arrivals perform strongly.
- Achieving stronger growth would be difficult, he said, while reaching 3.5% would require a considerably faster expansion of the wider economy.
- The fourth quarter is normally the year’s peak shopping season and a period of optimism for businesses
- A warning signal has emerged from the July 2026 Retail Sentiment Index, jointly compiled by the Thai Retailers Association and the Bank of Thailand
Summary
The fourth quarter is normally the year’s peak shopping season and a period of optimism for businesses. This year, however, Thai retailers face severe challenges as consumers tighten their budgets amid weakening real purchasing power and a series of economic pressures that leave limited room for growth.
A warning signal has emerged from the July 2026 Retail Sentiment Index, jointly compiled by the Thai Retailers Association and the Bank of Thailand. The index’s three-month outlook component fell by 0.5 points to 55.3, reflecting a continued slowdown in business confidence.