News Forum - Thailand News Update | Prices for EVERYTHING set to rise in Thailand

[Thaiger]

The days of cheap diesel in Thailand are over with the government scrapping its subsidy to maintain the 30 baht cap on diesel fuel. The governments says that without the subsidy the real diesel prices in Thailand would be around 40 baht a litre. The government is appealing for understanding over the decision as they scramble for an alternative solution to control rising fuel prices in Thailand after the end of April. PM Prayut Chan-o-cha says the Fuel Oil Fund which had been subsidising the diesel price to keep pump prices below 30 baht a litre, is now severely depleted […]

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[Vigo]

The cost of diesel and petrol isn't that bad when compared to the historical cost. Have a look at the cost in 2008 or 2011 or 2018  and then adjust for time value and there hasn't been much of a change over the past decade. Here's the bank of Thailand website that shows the historical costs of fuel in Thailand

https://www.bot.or.th/App/BTWS_STAT/statistics/ReportPage.aspx?reportID=90&language=eng