Spending during Lent long weekend to rise less than 2%, survey finds

TUESDAY, July 28, 2015

THAIS ARE expected to spend only 1.98 per cent more during the upcoming long weekend than they did last year, at Bt5.36 billion, because of the drought impact. But if there were no drought, they should spend 2.7 per cent more, or Bt5.4 billion, a survey b

The UTCC’s Economic and Business Forecasting Centre found that during this Buddhist Lent Day weekend from July 30 to August 2, spending would see the smallest expansion in three years.

Last year, Thais spent Bt5.26 billion during these special days, which was up by 5.43 per cent year on year. In 2013, spending was up 4.02 per cent, while in 2012 it rose by 7.31 per cent.