However, KResearch said, Lunar New Year celebration spending in Bangkok could decline in the future due to the smaller number of older Chinese, since younger generations don&rsquo;t adhere as strictly to traditions.

More Lunar New Year spending this year, then decline: KResearch

Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

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Nuttapakron is a Rewriter for Nation Group. He focuses on factual precision and clarity, striving to present updates that are both trustworthy and highly readable.&nbsp;

More Lunar New Year spending this year, then decline: KResearch

Kasikorn Research Centre estimates that Bangkok residents will spend up to Bt13.44 billion during the Chinese New Year festivities, a 4.3-per-cent increase over 2017.

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