consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various measures implemented to curb the outbreak. Durable goods segment also
consumption arising from an increase in electricity generation despite a 4.6% and 4.8% y-on-y decline in natural gas price in Q2’2020 and 6M’2020 respectively. Note that the natural gas price is tied to the
seeing lower ARPU due to low price offering in the market to address weak consumption. • Other service revenue was Bt5,291mn, increasing 16% YoY, composed mainly of non- mobile enterprise business which
-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns
refrain from taking certain actions. Examples of the covenants include a. prohibition on the payment of dividends if certain conditions are met in order to prevent depletion of the issuer’s funds that are
from taking certain actions. Examples of the covenants include a. prohibition on the payment of dividends if certain conditions are met in order to prevent depletion of the issuer’s funds that are
, private consumption growth turned out to be stronger than expected, boosted by car sales which had accelerated since late 2017 after demand for car purchases was brought forward in response to the 2012-2013
. Continued elevated levels of household debt will likely contribute to a contraction in private consumption, while private investment is also expected to fall as the business sector delays investment in order
the same period last year, respectively. Meanwhile, private consumption increased gradually, as a recovery in purchasing power remained tepid. Private investment has shown signs of improvement
. Growth is estimated at 4.2% the fastest pace since 2013. The expansion was supported by the speed up in private consumption expenditure, government consumption expenditure, and investment. In the meantime