Festival spending projected to hit B42.2bnVegetarian snacks for sale on Yaowarat Road in Bangkok's Chinatown during last year's annual vegetarian festival. According to the UTCC, spending during this year's festival is expected to increase by 5.2%. (Photo: Chanat Katanyu)Spending at this year's annual vegetarian festival, scheduled to run from Sept 26 to Oct 4, is expected to improve compared with tepid spending in 2021, when the pandemic was still raging. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), spending during the festival is expected to increase by 5.2% this year to 42.2 billion baht. "Yet overall spending sentiment has not returned to normal as most people believe the pace of the country's economic recovery remains relatively slow.
Source: Bangkok Post September 21, 2022 00:18 UTC