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Thai retail market expected growth this year
Date:[2015/1/28]    Clicks:[1858]
    

Thai Association of Long Ji Laya retail operations, said the domestic retail market outlook 2015 the situation will be better, to achieve 6.3% growth is expected to be better than 2014's 3.25 percent, due to the retail market last year by domestic political and economic situation in the world put slow influence, though still growing, but the increase was lower than in the past 10 years, an average increase of 6-7%.
However, the growth of the domestic retail market in 2014 is still showing signs of economic recovery in 2015 estimated the national economy is expected to grow 3-4%. However, the forecast is still weak middle-income and low-income groups as well as the recovery of the purchasing power of farmers, while the retail market is estimated to appear good growth in the third quarter of this year, due to large-scale infrastructure investment funds began large-scale injection of economy, promote employment and allow consumers to increase revenue. The retail industry is expected government investment funds expended, tourism is expected to occur on schedule to grow, so will improve the situation by promoting the retail market.
Ji Laya said the proposal associations, so that the government consider to stimulate the domestic retail market, including government must concentrate on large infrastructure investments to increase domestic employment, so that the middle-income and low-income people to increase revenue; recommends the introduction of measures to stimulate domestic demand to promote Thailand as the world's shopping center work, while the middle level to stimulate consumption and high-income groups, including attracting visitors to the consumer; stepping up to build the brand in Thailand, in order to promote exports and enhance the image of Thai products and create more value for exports; strengthen and abroad market retail network operators to cooperate and help make Thai products into more overseas markets.
Retail Operators Association of Thailand check guess that in the past 10 years, the average growth rate per retail Thailand 6-7%, not the beginning of the beginning of the country in the past have multiple negative effects of a drag on growth in domestic wholesale trade, making last year the country wholesale trade grew by only 3.2%, while last year the original forecast growth target of 5-6%. Although the level of growth figures do not mean that the market substantially reduced, but for the country's gross domestic product (GDP) grew by only 0.8% consistent trend, the trend of the domestic retail market depends on factors mainly for domestic consumption situation.

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