The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is likely to downgrade its economic growth forecast when it meets on Wednesday, despite an increase in the Thailand Industry Sentiment Index (TISI) for four consecutive months, says the Federation of Thai Industries.
The move results from growing concern over the rapid spread of the Covid-19 Omicron variant, with the impact looming over the Thai economy.
The JSCCIB will discuss the impact of Omicron on key economic indicators, including GDP, inflation and exports, said…