Jump to content

News Forum - Fuelling fears: Thai diesel price hike won’t ignite retail inflation


Recommended Posts

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) stated that a potential increase in domestic diesel prices, which could surpass 30 baht a litre following the termination of the Oil Fuel Fund subsidy scheme on March 31, is unlikely to prompt manufacturers to raise the prices of their goods. Prime Minister Srettha Thavisin … …

The story Fuelling fears: Thai diesel price hike won’t ignite retail inflation as seen on Thaiger News.

Read the full story

Link to comment
Share on other sites

These government officials are whistling in the wind.

This will definitely result in manufacturers increasing their prices.  This misguided belief that they will absorb these costs, "as the economy is still on the road to recovery" is nothing more than wishful thinking. 

Businesses stay in business by being profitable, and any excuse to increase or maintain profit is a good decision, from their point of view.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use