Thailand: retailers report weak Q3 results

Date : 25 November 2021

Soo-Eng Tan

Senior Retail Analyst

Thailand retail sales were hit by lockdown in July and August. Consumer Confidence Index declined to lowest in August 2021 and GDP growth revised down to -0.5% according to Thai Chamber of Commerce. Berli Jucker’s Big C reports -4.6% decline in Q3 2021 vs Q3 2020 Retail sales for Q3 declined…
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