July exports rise, but Covid curbs hit activity

The economy in July was increasingly impacted by the country’s worst Covid-19 outbreak and tighter restrictions that extended into August, but fiscal policy and exports lent some support, the central bank said on Tuesday.

The nation’s containment measures were imposed in July and August in Bangkok and other areas which account for about 80% of gross domestic product. But some will be eased from Wednesday to help a flagging economy, as new infections drop.

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