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Economy improving but recovery patchy

BoT: Economy improving but recovery patchy

Dec exports up 4%, deficit has narrowed

A mannequin stands in isolation outside a closed shop at the shutdown Samut Sakhon Shrimp Market on Wednesday, as Thailand’s economy struggles to surface from the year-long impact of the Covid-19 pandemic. (Photo: Reuters)

The Thai economy continued to improve in December but recovery remained patchy with a second wave of coronavirus infections also starting to impact some economic activity, the central bank said on Friday.

Exports, a key growth driver, and private investment improved, but the coronavirus outbreak that emerged late last month hurt domestic travel while the number of foreign visitors remained minimal due to restrictions, the Bank of Thailand said.

While the…

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