Skip to main content

Auto slowdown in Thailand, Singapore bouncing back

Despite having successfully contained the virus, which has allowed daily life in Thailand to return to normal quicker than in other parts of the region, the country is still set to be one of the worst-hit in the region this year, with GDP likely to fall by 9%. Meanwhile, figures released today show that retail sales in Singapore fell by a massive 52% y/y in May. But with restrictions being eased, a strong rebound in consumption is likely.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access