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Fuel surges induce consumer price watch by authorities

Fuel surges induce consumer price watch by authorities

Authorities are keeping a close watch on the prices of consumer products and food after diesel and liquefied petroleum gas (LPG) prices gained. Boonyarit Kalayanamit, director-general of the Internal…

Trade Department, said Tuesday the department’s officials have been assigned to closely monitor and inspect food and consumer product prices in markets. He said it will be considered unreasonable if food…

vendors raise their food prices by more five baht a dish. The department is scheduled to discuss the matter with suppliers this week to evaluate consumer product prices after diesel prices rose, affecting…

affecting transport costs. It may ask suppliers to delay price hikes if their production costs increased only marginally, said Mr Boonyarit.

Diesel prices are quoted at more than 28 baht per litre, a rise from 25-26 baht per litre in December last year, while LPG prices have increased to 395 baht for a 15-kilogramme gas cylinder from 353 baht.