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Central bank: More measures planned

Central bank: More measures planned

Exports recovery to continue on higher global demand

People wearing face masks shop for street food in Chinatown in Bangkok on Jan 6. (Reuters photo)

The economy was clearly affected by a recent Covid-19 outbreak as monthly private consumption and investment declined, making the economic recovery more uneven, the central bank said on Thursday.

But the impact of the second wave of infections that emerged in mid-December was less severe than the previous wave and activity should recover now restrictions have eased, Chayawadee Chai-Anant, a senior Bank of Thailand director told a briefing.

“The recovery will remain patchy and the government would need to introduce targeted measures to support it,” she said, adding the…

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