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As the number of COVID-19 cases continue to rise, the global economy continues to suffer from social distancing and containment measures

The Covid-19 situation has been developing rapidly. The number of reported cases in Thailand has been rising and the virus has spread to most provinces

Impact of the COVID-19 outbreak Also resulted in the long term It is the catalyst for Megatrend's transformation

Recent news reports suggest COVID-19 may be transitioning from a regional public health crisis to a global pandemic

Even though the Thai economy has started to recover from the COVID-19 crisis for some time, household spending in Thailand has been slow and remains sluggish.

The new wave of domestic COVID-19 infections has impacted the Thai economy, slowing the recovery and increasing the risk that the country will struggle against the long-lasting pandemic. Krungsri Research has thus carried out a fresh analysis of the domestic impacts of the latest outbreak of COVID-19 on industry and households and the subsequent prospects for recovery. The results indicate that businesses connected to tourism, restaurants and transportation remain hardest-hit sectors, while income for unskilled workers will be more sharply reduced than will that of skilled laborers. However, middle-income earners and lower-income earners in urban areas will be the most severely affected and will have to endure the slowest recovery.

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