News Forum - Thailand’s International Trade Department claims instant noodle prices won’t rise

[Thaiger]

After some local media outlets reported that noodle prices will rise soon, Thai trade officials claim this isn’t true. The director-general of Thailand’s International Trade Department told the Bangkok Post the department has not yet approved any manufacturers raising their prices. The director-general said the department regularly speaks to instant noodle manufacturers. He said manufacturers who want to raise prices because of production costs have to submit requests to the department, and were considered on a case-by-case basis. The director-general said manufacturers told the department they have increased wholesale prices and lowered trade discounts on retail shops, but not retail […]

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[DoUKnowWhoIAm]

30 minutes ago, Thaiger said:

He added that manufacturers are following promises to help cap prices and not burden consumers.

Thank God! Mama's is a matter of life and death.

[palooka]

He said the government expected the inflation rate to 1-3% this year.

They are in fantasy land again, try 5-10%