Dip in truck and motorcycle sales, farm income in August

Sales of trucks and motorcycles, as well as farmers’ incomes nationwide, continued to contract in August due to the economic slowdown, according to the Fiscal Policy Office's (FPO) regional economic report.

- WICHIT CHANTANUSORNSIRI

Pornchai Thiraveja, director-general of the FPO, said new truck registrations declined across all regions, with those in the central region falling by 70.8% year-on-year, the South by 30.3%, the Northeast by 49.9%, the North by 57.7%, the East by 31.2%, the West by 55.4% and Bangkok and surrounding areas by 50.7%.

New motorcycle registrations also decreased in every region during August, with those in the central region dropping by 9.2%, the South by 14.1%, the Northeast by 15.5%, the North by 22.1%, the East by 3.1%, the West by 4.4% and Bangkok and surrounding areas by 9.7%.