snoop1130 Posted June 16, 2022 Share Posted June 16, 2022 The Central Committee on the Price of Goods and Services has decided to freeze the prices of 46 items, including instant noodles, vegetable oil, canned food and five services, until the end of June next year, according to Commerce Minister Jurin Laksanawisit. Price controls on these goods and services were due to expire at the end of this month. The minister said today (Thursday) that price controls are necessary in the wake of a rise in the prices of food and numerous consumer products, due to a steady increase in energy prices. Full Story: https://www.thaipbsworld.com/thailand-freezes-prices-of-46-products-for-another-year/ -- © Copyright Thai PBS 2022-06-16 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Easiest way to own or rent a car in Thailand - click here to find out more! Link to comment Share on other sites More sharing options...
Popular Post blazes Posted June 16, 2022 Popular Post Share Posted June 16, 2022 I see no reference to wine, a commodity without which one's life is sadly reduced.... 1 1 6 Link to comment Share on other sites More sharing options...
Popular Post CartagenaWarlock Posted June 16, 2022 Popular Post Share Posted June 16, 2022 7 minutes ago, blazes said: I see no reference to wine, a commodity without which one's life is sadly reduced.... Most thais don't drink wine. Question is did they freeze SangSom prices? 1 2 Link to comment Share on other sites More sharing options...
Popular Post Isaan sailor Posted June 16, 2022 Popular Post Share Posted June 16, 2022 How about freezing diesel prices? It’s how those instant noodles, vegetable oils and canned items get to markets, right? 7 Link to comment Share on other sites More sharing options...
Popular Post FriendlyFarang Posted June 16, 2022 Popular Post Share Posted June 16, 2022 33 minutes ago, Isaan sailor said: How about freezing diesel prices? It’s how those instant noodles, vegetable oils and canned items get to markets, right? Currently diesel is subsidized already. Freezing the prices of the products is more effective, the subsidization of diesel might just be turned into more profit by the companies. 5 Link to comment Share on other sites More sharing options...
Popular Post IAMHERE Posted June 16, 2022 Popular Post Share Posted June 16, 2022 Price controls will affect supply. 4 Link to comment Share on other sites More sharing options...
Popular Post stoner Posted June 17, 2022 Popular Post Share Posted June 17, 2022 no mention of bar fines or st. inflation is killing me. 2 1 4 Link to comment Share on other sites More sharing options...
Popular Post Excel Posted June 17, 2022 Popular Post Share Posted June 17, 2022 20 minutes ago, stoner said: no mention of bar fines or st. inflation is killing me. Inflation is a phenomena that everybody is aware of especially with Thai females. Once upon a time the average was 32A, then they became 34 C but nowadays its anyone's guess ???? 1 2 Link to comment Share on other sites More sharing options...
LennyW Posted June 17, 2022 Share Posted June 17, 2022 1 hour ago, CartagenaWarlock said: Most thais don't drink wine. Question is did they freeze SangSom prices? I guess you dont know most Thais then! 1 Link to comment Share on other sites More sharing options...
Popular Post jacko45k Posted June 17, 2022 Popular Post Share Posted June 17, 2022 Just now, LennyW said: I guess you dont know most Thais then! Just my Mrs in my case..... and I think that is purely because she heard of the health benefits of a glass in the evening... and the fact that I buy it, so she doesn't drink my beer. 1 3 Link to comment Share on other sites More sharing options...
CartagenaWarlock Posted June 17, 2022 Share Posted June 17, 2022 1 hour ago, LennyW said: I guess you dont know most Thais then! I only know 10% of the Thai population drinks wine and that represents only a meagre 3% of the alcohol beverage market. Link to comment Share on other sites More sharing options...
Bangkok Barry Posted June 17, 2022 Share Posted June 17, 2022 The list includes pork and chicken. But those prices have already increased by up to 100% in recent months. 1 1 1 Link to comment Share on other sites More sharing options...
Muhendis Posted June 17, 2022 Share Posted June 17, 2022 "Among such products are corrugated, craft and printing paper, bicycle and car tires, motorcycles and trucks, water pumps, fertiliser, chicken, chicken eggs durian, powdered milk and milk products, wheat flour, pork, canned food, student uniforms, vegetable oil, medicines, cement, steel rods, iron sheets and structural steel, shampoo, sanitary paper, sanitary napkins, detergent, dish washing products, diapers, soap, farm trucks, pesticides, harvest machinery, animal feeds and more." If these prices are to be frozen for another year, the implication is they are already frozen. That being the case, how come fertiliser prices, for example, have more than doubled? 2 Link to comment Share on other sites More sharing options...
david555 Posted June 17, 2022 Share Posted June 17, 2022 11 minutes ago, Bangkok Barry said: The list includes pork and chicken. But those prices have already increased by up to 100% in recent months. Lotus chicken price is dancing around the 100 baht ....little up or down on it ????..., but he bulk amount on ice tables is now much smaller as it seems sales are reduced because this pricing 1 Link to comment Share on other sites More sharing options...
FriendlyFarang Posted June 17, 2022 Share Posted June 17, 2022 17 minutes ago, david555 said: Lotus chicken price is dancing around the 100 baht ....little up or down on it ????..., but he bulk amount on ice tables is now much smaller as it seems sales are reduced because this pricing I regularly buy this: https://www.makroclick.com/th/products/123147-aro-frozen-chicken-breast-without-skin-2-kg/ Price now 219THB, last year I paid 149THB if I remember correctly. 1 Link to comment Share on other sites More sharing options...
Popular Post Bangkok Barry Posted June 17, 2022 Popular Post Share Posted June 17, 2022 35 minutes ago, david555 said: Lotus chicken price is dancing around the 100 baht ....little up or down on it ????..., but he bulk amount on ice tables is now much smaller as it seems sales are reduced because this pricing Used to be around 60, depending on what part you buy. One item that has gone up enormously is the carcass, which we buy and deep fry for the dogs. I have no idea what Thais use them for. Was 18 per kilo and now around 32. Pork leapt in price around six months ago, reportedly because much of the stock was sold to China as their livestock was decimated by some disease or other, and what goes up rarely comes down. 3 Link to comment Share on other sites More sharing options...
Popular Post vandeventer Posted June 17, 2022 Popular Post Share Posted June 17, 2022 This is a good move, the freeze on the 46 products will help low wage Thais very much. Most Thais have not had a wage rise or a cost of living increase in years. 3 Link to comment Share on other sites More sharing options...
Troy Tempest Posted June 17, 2022 Share Posted June 17, 2022 3 hours ago, Excel said: Inflation is a phenomena that everybody is aware of especially with Thai females. Once upon a time the average was 32A, then they became 34 C but nowadays its anyone's guess ???? Depends on the Hospital, Surgeon and Price! My GF has double inflation.....But she paid...Not me! 1 Link to comment Share on other sites More sharing options...
Enzian Posted June 17, 2022 Share Posted June 17, 2022 Price controls should be applied very carefully; the law of unintended consequences will always kick in, even on relatively modest restrictions. I saw what rent control did to the housing stock in the Bay Area in the 80s, and it's still going on. 1 Link to comment Share on other sites More sharing options...
fusion58 Posted June 17, 2022 Share Posted June 17, 2022 My goodness! Suggest doing something like this in the U.S., and you’ll be decried as a Marxist. Link to comment Share on other sites More sharing options...
WinterGael Posted June 17, 2022 Share Posted June 17, 2022 9 hours ago, LennyW said: I guess you dont know most Thais then! I've yet to see Thais drinking wine except when a woman or two may see it as "fashionable." Beer and whiskey (excuse me, rum) are the go to. Link to comment Share on other sites More sharing options...
sammieuk1 Posted June 17, 2022 Share Posted June 17, 2022 The bad news is gas and electricity price rises means that you have to eat it raw ???? 1 Link to comment Share on other sites More sharing options...
Popular Post zig Posted June 17, 2022 Popular Post Share Posted June 17, 2022 8 hours ago, Bangkok Barry said: The list includes pork and chicken. But those prices have already increased by up to 100% in recent months. Indeed, prices of some other items in the list have increased too. And the article says that it is an extension of an existing freeze for one more year. It would seem that this is just a populistic announcement that is not being enforced in any way. 5 Link to comment Share on other sites More sharing options...
AnotherFarang8 Posted June 17, 2022 Share Posted June 17, 2022 Unless the economic laws have changed amid all the world madness since coronavirus started in 2020, price freezes have always led to shortages over entire recorded history of mankind. 2 Link to comment Share on other sites More sharing options...
sqwakvfr Posted June 17, 2022 Share Posted June 17, 2022 12 hours ago, blazes said: I see no reference to wine, a commodity without which one's life is sadly reduced.... I agree. Cheapest wine I could find today was 375(Australian), I was considering a bottle of Coppola Vineyards(California) red but at 1400 baht a bottle I had settle for the cheaper stuff. A glass wine with anything makes for a great day. 2 Link to comment Share on other sites More sharing options...
roquefort Posted June 17, 2022 Share Posted June 17, 2022 The Central Committee on the Price of Goods and Services - I thought I was reading a piece about communist China. Why can't any of our rulers understand that prices are determined by supply and demand, not government edict. Their net zero agenda demonised the oil producers, so supply dried up and guess what.......prices started rising (long before the war in Ukraine, which they're all now desperately trying to blame to deflect attention from their own disastrous policies.). All "freezing prices" will do is destroy supply and lead to shortages, so they'll eventually have to subsidise the producers to produce more. Economics 101, but still beyond our clueless world leaders. 2 Link to comment Share on other sites More sharing options...
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