Slim prospects for consumer goods price drop for several months

[snoop1130]

People, wearing facemasks amid fears about the spread of the COVID-19 novel coronavirus, shop in a supermarket in Bangkok on March 4, 2020. (Photo by Lillian SUWANRUMPHA / AFP)

 

The prices of many consumer products have been increasing, as the Thai Retailer Association warns that there is little prospect that they will come down in the next few months.

 

Meanwhile, Commerce Minister Jurin Laksanawisit told the Lower House, during the debate on budget bill, that his ministry is seeking cooperation from producers to maintain the prices of 18 categories of consumer goods.

 

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He claimed that the price of rapid antigen test kits has dropped by about 30% and Thailand is among countries with a comparatively low rate of inflation.

 

Full Story: https://www.thaipbsworld.com/slim-prospects-for-consumer-goods-price-drop-for-several-months/

 

-- © Copyright Thai PBS 2022-06-03

 

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[proton]

still waiting for that tax reduction on booze and cigars, where did that go?

[worgeordie]

Once the prices go up they never come down ,

only seasonal fruits and vegetables will vary

in price.

I was out shopping today Makro and Big C and

I would say just about everything has gone up.

 

"price of rapid antigen test kits has dropped by about 30% "

stupid thing to say ,when talking about consumer prices

how many of them can you eat.....????

regards Worgeordie

[zzaa09]

The sound ideals of independent self-sufficiency making a come back? 

Adding: knowing how and where to shop might be a clue.

[Pmbkk]

 

This is not Issac Newton's logic(what goes up must come down) - retailers don't tend to reduce their their prices to match conditions ????

[HappyExpat57]

39 minutes ago, worgeordie said:

Once the prices go up they never come down ,

only seasonal fruits and vegetables will vary

in price.

I was out shopping today Makro and Big C and

I would say just about everything has gone up.

 

"price of rapid antigen test kits has dropped by about 30% "

stupid thing to say ,when talking about consumer prices

how many of them can you eat.....????

regards Worgeordie

Big C today. The mangosteen came down a little but as you pointed out, the season is cooling a little as competition kicks in.

[hotchilli]

14 hours ago, snoop1130 said:

The prices of many consumer products have been increasing, as the Thai Retailer Association warns that there is little prospect that they will come down in the next few months

Keep gouging while the goings good.

[mikebell]

15 hours ago, snoop1130 said:

there is little prospect that they will come down in the next few months.

I've been waiting 20 years.

[AgMech Cowboy]

2 hours ago, mikebell said:

I've been waiting 20 years.

Stupid article. They'll never go down unless there is a complete depression (and then maybe not). With fertilizer and fuel prices climbing it going to be tough on the farmers, etc.

[trainman34014]

Oh Yummy; Antigen Test Kits for dinner it is then.  These people are Morons !

[spidermike007]

Thinking about it, how often do we see prices drop? OK, with commodities, they go up and down, and we will see gas prices drop a little, if oil backs down. Consequently, maybe airfares could drop a bit. But, other than that? It seems once they hike prices, they rarely come back down again. 

[zzaa09]

22 minutes ago, spidermike007 said:

Thinking about it, how often do we see prices drop? OK, with commodities, they go up and down, and we will see gas prices drop a little, if oil backs down. Consequently, maybe airfares could drop a bit. But, other than that? It seems once they hike prices, they rarely come back down again. 

....until the revolution.