COVID-19: Motor vehicle sales' growth in Thailand decelerates, as the low-base effect subsides

Thailand's motor vehicles increased to 64,974 units in June compared to 55,948 in May
Thailand's motor vehicles increased to 64,974 units in June compared to 55,948 in May
Thailand's motor vehicles increased to 64,974 units in June compared to 55,948 in May

Thailand's motor vehicles increased to 64,974 units in June compared to 55,948 in May, according to data by Toyota Motor Thailand Co Ltd.

Thailand's motor vehicles increased to 64,974 units in June compared to 55,948 in May

On an annual basis, the growth rate decelerated to 11.9% y/y in June compared to 38.42% y/y in the previous month. June marks the second month in a row, when the growth rate slows down, which reflects a subsiding low-base effect.

 

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4th August 2021 COVID-19: Motor vehicle sales' growth in Thailand decelerates, as the low-base effect subsides