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Thailand s January auto sales plunge after COVID-19 resurgence - World News
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Thailand s January auto sales plunge after COVID-19 resurgence
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UPDATE 1-Thai Jan domestic car sales tumble 21 3% y/y after virus outbreak
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State measures have muted effect
12
Extra government holidays and stimulus schemes struggle against weak consumer spending, but operators remain hopeful
published : 15 Feb 2021 at 04:02
12 Consumer confidence fell to a nine-month low in January because of a fresh outbreak of Covid-19 cases. Varuth Hirunyatheb
February is characterised by rosy red colours to usher in auspicious occasions and highlight affection, as people celebrate both Chinese New Year and Valentine s Day this month, but questions linger about consumer spending amid the ongoing pandemic.
The allure of spending and travel linked with these special occasions is far less enticing than in previous years, when many Thais and foreign tourists soaked up the atmosphere of the Lunar New Year celebrations.