CONSUMER GOODS PRICES EXPECTED TO RETURN TO NORMAL IN 3RD QUARTER

BANGKOK, May 11 (Bernama) -– Thailand''s Prime Minister Yingluck Shinawatra

is expecting the consumer goods prices to return to normal by the third quarter

of the year.

She said the prices would be gradually adjusted during the second quarter

although the impact of last year''s devastating floods still could be felt during

the period.

"In the third quarter to the fourth quarter of this year, the problem of

price hikes of consumer goods will be over," she said here today.

While asking cooperation from vendors not to raise prices, she said the

government had also opened up outlets to sell consumer goods, especially food

products at reasonable prices.

She said seasonal factors had also contributed to the price hikes but was

confident it could be overcome soon.

Many Thais have voiced their concern over escalating prices especially on

food products, prompting the government to checked on the matter although

initially the government denied the occurrence of such a problem.

-- BERNAMA

JM JM HA

Loading...

Comments on Yahoo! pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo! is not responsible or liable in any way for comments posted by its users. Yahoo! does not in any way endorse or support comments made by its users.