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Tuesday, May 14, 2024

Inflation heads industry agenda

Inflation heads industry agenda

JSCCIB to parse impact of Fed hike

A vendor sells pork at the Bang Kapi wet market in Bangkok on May 4. Prices of fresh produce have increased slightly since the rise in energy prices.  Pattarapong Chatpattarasill

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand’s economic outlook in the second half of the year.

The Federation of Thai Industries (FTI) is preparing to discuss the issue at the meeting as the inflation rate remains lofty, driven in part by the impact of the Russia-Ukraine war, said FTI chairman Kriengkrai Thiennukul.

The war, which…

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