Retail sentiment slumps to lowest level in 16 months, recovery expected only in 2023

16 August 2021
The Nation
Economy and commerce
Retail sentiment / Retailer Sentiment Index / Thai Retailers

The 7th Retailer Sentiment Index (RSI) survey for 2021 slumped to 16.4 from the average of 50, the deepest drop in 16 months and below the April 2020 level of 24.3, reflecting the high rate of anxiety.

The retail outlook remains bleak for the coming quarter as well. The survey was organised by the Thai Retailers Association in collaboration with the Bank of Thailand.

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 The Nation Reporter

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Retail sentiment slumps to lowest level in 16 months, recovery expected only in 2023

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