UTCC: Prices to remain stable | Bangkok Post: Most recent

Most Recent >

UTCC: Prices to remain stable

- +

The University of the Thai Chamber of Commerce (UTCC) has predicted retail prices of basic goods will remain stable for the rest of the year, with no increases expected. 

Thanawat Polvichai, director of the Economic and Business Forecasting Centre at the UTTC,  said on Friday that even though the Commerce Ministry is no longer asking the private sector to control prices,  other state measures are helping keep prices in check, such as the diesel excise exemption, at a time of sluggish export growth.

Mr Thanawat said he was confident this year’s inflation rate will be between 3.0 and 3.4%. 

Keep up-to-date with the latest on coup d'etat with Bangkok Post SMS News. Call *451391000 to subscribe – 39 baht/month (7 days free, available in Thailand only) Bangkok Post SMS News: Deliver only trustworthy news on SMS

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments