BANGKOK, June 16 — Goods manufacturers and retail traders have agreed to maintain prices of 205 essential goods for another six months until the end of November, aimed at lessening people’s hardships and in line with the policy of the National Council for Peace and Order (NCPO), said Srirat Rastapana, permanent secretary for commerce.
Ms Srirat said the agreement was made during a meeting of senior Commerce Ministry officials and major goods producers and shopping mall owners.
The Ministry’s Internal Trade Department officials had surveyed consumer goods prices at many shops and malls in Bangkok and upcountry and found that products prices remained unchanged, she said.
Prices of essential commodities would be frozen within a short-term period and their prices would have to be adjusted in line with market mechanism because some products need imported raw materials for the production, said Ms Srirat.
If prices of imported raw materials increase, goods producers will also have to raise the the prices of finished products.
