Wages 'not main cause' of price rises
- Published: 11 May 2012 at 11.54
- Online news:
Prices of several products really have risen but the main cause was not the 300 baht daily minimum wage policy, Finance Minister Kittiratt Na-Ranong said on Friday.
However, Mr Kittiratt admitted that the wage hike was one of the causes of increased prices, adding that the prices of some goods have come down.
He said the government will come with measures to curb product prices to prevent purchasing power being affected by rising inflation.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.