The Commerce Ministry has bowed to requests from the manufacturers of instant noodles, allowing Mama, Wai Wai and Yum Yum brands to raise their prices by one baht per packet in line with soaring production costs, effective from Thursday.
Internal Trade Department director-general Wattanasak Sur-iam said the approval came after the department thoroughly studied the production costs of the three brands, including raw materials such as wheat, palm oil, packaging, energy and labour costs, acknowledging their production costs have indeed increased as claimed.
