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Bangkok Post
Bangkok Post
Business

Agency to continue cost of living battle

The Commerce Ministry vows to move ahead with plans to help reduce the cost of living for people this year despite inflationary pressure easing, as reflected by lower domestic prices of most products and services.

According to Internal Trade Department director-general Wattanasak Sur-iam, the department is setting guidelines to manage product prices next year, focusing on continued requests to manufacturers to help maintain their product prices in order to alleviate the financial burden on consumers as the country's economy recovers.

Mr Wattanasak said most entrepreneurs are doing well at managing production costs, as these costs for many items have already passed the peak period.

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