Spending sentiment for the upcoming Songkran festival is expected to be lively as people have been hesitant for many months, but the country's economy is showing signs of recovery, driven by rapidly reviving tourism.
According to the latest survey conducted by the University of the Thai Chamber of Commerce (UTCC), spending during the festival is expected to increase by 17.3% to 125 billion baht, up from 107 billion in 2022.
