Private spending slowed in June under impact from virus: FPO

The Thai economy in June continued to feel the impact of Covid-19, Fiscal Policy Office (FPO) revealed on Wednesday.

The impact was reflected in the slowdown in private spending, especially private investment. However, exports continued to expand at a high rate, the FPO added.

Private consumption indicators in June continued to expand from the same period last year, with car sales and newly registered motorcycles rising 20.6 per cent and 24.5 per cent respectively.

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The Nation Reporter