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Bangkok Post
Bangkok Post
Business

Prices set to see rise after 2 months

Customers fork out hard earned money buying ever more costly goods in Muang district, Nakhon Ratchasima. (Photo: Prasit Tangprasert)

Manufacturers can fix their product prices without adjustment for another 1-2 months before seeing them rise and remain high for at least three months as a result of higher energy prices, according to the latest survey by the Federation of Thai Industries (FTI).

Up to 40% of 150 FTI executives interviewed said they believe the business sector can "help people with unchanged product prices" for only a short period not exceeding two months.

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