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2026.09.3007:00:00UTC+00Thai Private Consumption Growth Cools Sharply in August, Signaling Weaker Domestic Demand

Thailand’s private consumption growth slowed markedly in August 2026, underscoring signs of softening domestic demand in the second half of the year. Month-over-month, private consumption rose just 0.4% in August, down from a 1.2% increase in July, according to data updated on 30 September 2026.

The latest reading shows that while household spending is still expanding, the pace of growth has weakened compared with the previous month. The August figure reflects the “Actual” month-over-month change versus July, while July’s 1.2% represented the “Previous” month-over-month change compared with June. This deceleration in consumer activity may raise questions about the resilience of Thailand’s consumption-driven growth momentum going into the remainder of the year.

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