Connect with us

Thailand

Deputy PM tells Thais to stay positive about price hike for pork, other goods

Petch Petpailin

Published

 on 

Photo by Remko Tanis on flickr

Pork prices aren’t the only costs rising. Prices for chicken prices, eggs, public boat fees, and toll fees are also increasing and Deputy PM Supattanapong Punmeechaow is now encouraging Thais to stay positive with the price hikes and is saying that it is temporary. He says the price increases are normal due to the law of supply and demand.

In an interview with Thai media, the deputy PM said the government is working on solutions to the price increases. The Thai cabinet consulted with the Bank of Thailand about controlling the inflation situation in Thailand. According to the information from the office of the National Economic and Social Development Council and other relevant institutions, Thailand is expected to have an inflation rate of 1% to 3%. The deputy PM noted that in comparison, the annual inflation rate in the US went up to 7%. He continued saying that the state is trying to control the price as much as possible, but it also depends on the market mechanism.

Supattanapong also urged the public to focus on the big picture together with the world economic situation, not only focus on the Thai situation. Many businesses and investments all over the world stopped due to Covid-19 making a production volume to be decreased. This situation is seen as short-term which will get better after the spread is under control.

SOURCE: Khaosod

 

Get more from The Thaiger

Looking for your next home in Thailand? Let us match you with a local expert in minutes!

Thank you for your interest!

One of our agents will
reach out to you soon.

I want to:
  • Thailand (ไทย)+66
  • United States+1
  • United Kingdom+44
  • Australia+61
  • Afghanistan (‫افغانستان‬‎)+93
  • Albania (Shqipëri)+355
  • Algeria (‫الجزائر‬‎)+213
  • American Samoa+1684
  • Andorra+376
  • Angola+244
  • Anguilla+1264
  • Antigua and Barbuda+1268
  • Argentina+54
  • Armenia (Հայաստան)+374
  • Aruba+297
  • Australia+61
  • Austria (Österreich)+43
  • Azerbaijan (Azərbaycan)+994
  • Bahamas+1242
  • Bahrain (‫البحرين‬‎)+973
  • Bangladesh (বাংলাদেশ)+880
  • Barbados+1246
  • Belarus (Беларусь)+375
  • Belgium (België)+32
  • Belize+501
  • Benin (Bénin)+229
  • Bermuda+1441
  • Bhutan (འབྲུག)+975
  • Bolivia+591
  • Bosnia and Herzegovina (Босна и Херцеговина)+387
  • Botswana+267
  • Brazil (Brasil)+55
  • British Indian Ocean Territory+246
  • British Virgin Islands+1284
  • Brunei+673
  • Bulgaria (България)+359
  • Burkina Faso+226
  • Burundi (Uburundi)+257
  • Cambodia (កម្ពុជា)+855
  • Cameroon (Cameroun)+237
  • Canada+1
  • Cape Verde (Kabu Verdi)+238
  • Caribbean Netherlands+599
  • Cayman Islands+1345
  • Central African Republic (République centrafricaine)+236
  • Chad (Tchad)+235
  • Chile+56
  • China (中国)+86
  • Christmas Island+61
  • Cocos (Keeling) Islands+61
  • Colombia+57
  • Comoros (‫جزر القمر‬‎)+269
  • Congo (DRC) (Jamhuri ya Kidemokrasia ya Kongo)+243
  • Congo (Republic) (Congo-Brazzaville)+242
  • Cook Islands+682
  • Costa Rica+506
  • Côte d’Ivoire+225
  • Croatia (Hrvatska)+385
  • Cuba+53
  • Curaçao+599
  • Cyprus (Κύπρος)+357
  • Czech Republic (Česká republika)+420
  • Denmark (Danmark)+45
  • Djibouti+253
  • Dominica+1767
  • Dominican Republic (República Dominicana)+1
  • Ecuador+593
  • Egypt (‫مصر‬‎)+20
  • El Salvador+503
  • Equatorial Guinea (Guinea Ecuatorial)+240
  • Eritrea+291
  • Estonia (Eesti)+372
  • Ethiopia+251
  • Falkland Islands (Islas Malvinas)+500
  • Faroe Islands (Føroyar)+298
  • Fiji+679
  • Finland (Suomi)+358
  • France+33
  • French Guiana (Guyane française)+594
  • French Polynesia (Polynésie française)+689
  • Gabon+241
  • Gambia+220
  • Georgia (საქართველო)+995
  • Germany (Deutschland)+49
  • Ghana (Gaana)+233
  • Gibraltar+350
  • Greece (Ελλάδα)+30
  • Greenland (Kalaallit Nunaat)+299
  • Grenada+1473
  • Guadeloupe+590
  • Guam+1671
  • Guatemala+502
  • Guernsey+44
  • Guinea (Guinée)+224
  • Guinea-Bissau (Guiné Bissau)+245
  • Guyana+592
  • Haiti+509
  • Honduras+504
  • Hong Kong (香港)+852
  • Hungary (Magyarország)+36
  • Iceland (Ísland)+354
  • India (भारत)+91
  • Indonesia+62
  • Iran (‫ایران‬‎)+98
  • Iraq (‫العراق‬‎)+964
  • Ireland+353
  • Isle of Man+44
  • Israel (‫ישראל‬‎)+972
  • Italy (Italia)+39
  • Jamaica+1
  • Japan (日本)+81
  • Jersey+44
  • Jordan (‫الأردن‬‎)+962
  • Kazakhstan (Казахстан)+7
  • Kenya+254
  • Kiribati+686
  • Kosovo+383
  • Kuwait (‫الكويت‬‎)+965
  • Kyrgyzstan (Кыргызстан)+996
  • Laos (ລາວ)+856
  • Latvia (Latvija)+371
  • Lebanon (‫لبنان‬‎)+961
  • Lesotho+266
  • Liberia+231
  • Libya (‫ليبيا‬‎)+218
  • Liechtenstein+423
  • Lithuania (Lietuva)+370
  • Luxembourg+352
  • Macau (澳門)+853
  • Macedonia (FYROM) (Македонија)+389
  • Madagascar (Madagasikara)+261
  • Malawi+265
  • Malaysia+60
  • Maldives+960
  • Mali+223
  • Malta+356
  • Marshall Islands+692
  • Martinique+596
  • Mauritania (‫موريتانيا‬‎)+222
  • Mauritius (Moris)+230
  • Mayotte+262
  • Mexico (México)+52
  • Micronesia+691
  • Moldova (Republica Moldova)+373
  • Monaco+377
  • Mongolia (Монгол)+976
  • Montenegro (Crna Gora)+382
  • Montserrat+1664
  • Morocco (‫المغرب‬‎)+212
  • Mozambique (Moçambique)+258
  • Myanmar (Burma) (မြန်မာ)+95
  • Namibia (Namibië)+264
  • Nauru+674
  • Nepal (नेपाल)+977
  • Netherlands (Nederland)+31
  • New Caledonia (Nouvelle-Calédonie)+687
  • New Zealand+64
  • Nicaragua+505
  • Niger (Nijar)+227
  • Nigeria+234
  • Niue+683
  • Norfolk Island+672
  • North Korea (조선 민주주의 인민 공화국)+850
  • Northern Mariana Islands+1670
  • Norway (Norge)+47
  • Oman (‫عُمان‬‎)+968
  • Pakistan (‫پاکستان‬‎)+92
  • Palau+680
  • Palestine (‫فلسطين‬‎)+970
  • Panama (Panamá)+507
  • Papua New Guinea+675
  • Paraguay+595
  • Peru (Perú)+51
  • Philippines+63
  • Poland (Polska)+48
  • Portugal+351
  • Puerto Rico+1
  • Qatar (‫قطر‬‎)+974
  • Réunion (La Réunion)+262
  • Romania (România)+40
  • Russia (Россия)+7
  • Rwanda+250
  • Saint Barthélemy+590
  • Saint Helena+290
  • Saint Kitts and Nevis+1869
  • Saint Lucia+1758
  • Saint Martin (Saint-Martin (partie française))+590
  • Saint Pierre and Miquelon (Saint-Pierre-et-Miquelon)+508
  • Saint Vincent and the Grenadines+1784
  • Samoa+685
  • San Marino+378
  • São Tomé and Príncipe (São Tomé e Príncipe)+239
  • Saudi Arabia (‫المملكة العربية السعودية‬‎)+966
  • Senegal (Sénégal)+221
  • Serbia (Србија)+381
  • Seychelles+248
  • Sierra Leone+232
  • Singapore+65
  • Sint Maarten+1721
  • Slovakia (Slovensko)+421
  • Slovenia (Slovenija)+386
  • Solomon Islands+677
  • Somalia (Soomaaliya)+252
  • South Africa+27
  • South Korea (대한민국)+82
  • South Sudan (‫جنوب السودان‬‎)+211
  • Spain (España)+34
  • Sri Lanka (ශ්‍රී ලංකාව)+94
  • Sudan (‫السودان‬‎)+249
  • Suriname+597
  • Svalbard and Jan Mayen+47
  • Swaziland+268
  • Sweden (Sverige)+46
  • Switzerland (Schweiz)+41
  • Syria (‫سوريا‬‎)+963
  • Taiwan (台灣)+886
  • Tajikistan+992
  • Tanzania+255
  • Thailand (ไทย)+66
  • Timor-Leste+670
  • Togo+228
  • Tokelau+690
  • Tonga+676
  • Trinidad and Tobago+1868
  • Tunisia (‫تونس‬‎)+216
  • Turkey (Türkiye)+90
  • Turkmenistan+993
  • Turks and Caicos Islands+1649
  • Tuvalu+688
  • U.S. Virgin Islands+1340
  • Uganda+256
  • Ukraine (Україна)+380
  • United Arab Emirates (‫الإمارات العربية المتحدة‬‎)+971
  • United Kingdom+44
  • United States+1
  • Uruguay+598
  • Uzbekistan (Oʻzbekiston)+998
  • Vanuatu+678
  • Vatican City (Città del Vaticano)+39
  • Venezuela+58
  • Vietnam (Việt Nam)+84
  • Wallis and Futuna (Wallis-et-Futuna)+681
  • Western Sahara (‫الصحراء الغربية‬‎)+212
  • Yemen (‫اليمن‬‎)+967
  • Zambia+260
  • Zimbabwe+263
  • Åland Islands+358

    image

    Join the conversation and have your say on Thailand news published on The Thaiger.

    Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

    Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

    Petpailin, or Petch, is a translator and writer for The Thaiger focusing on news and what's happening in Thailand. She is a news writer who stops reading news on the weekends to spend more time cafe hopping and petting dwarf shrimp.

      Follow Thaiger by email:

      Coronavirus (Covid-19)26 mins ago

      Monday Covid Update: 7,139 new cases; provincial totals

      Indonesia1 hour ago

      Indonesia to launch travel bubble with Singapore, entry to islands Batam, Bintan

      Thailand1 hour ago

      Ruling party ousts renegade MP Thammanat Prompao after tumultuous career

      Sponsored7 hours ago

      What makes Supalai Icon Sathorn the ideal property choice

      image
      Chon Buri2 hours ago

      Motorbike rider seriously injured after crashing into a parked truck in Chon Buri

      Thailand2 hours ago

      Interesting facts about Chinese New Year tradition in Thailand

      Thailand2 hours ago

      Thailand women’s football pressing on despite defeat by Philippines

      image
      Join the conversation on the Thaiger Talk forums today!
      Visa3 hours ago

      “Covid-19” visa extension deadline tomorrow, no word from immigration

      Pattaya4 hours ago

      Pattaya bar raided by police at 5am, some test positive for illicit drugs

      Tourism5 hours ago

      Thailand Wellness Sandbox entry launching in coastal districts of Hua Hin, Cha-am

      Travel5 hours ago

      City Guide: Top gyms in Bangkok to achieve your fitness goals for 2022

      Thailand6 hours ago

      Government mulls legalising e-cigarettes to reduce number of cigarette smokers

      Crime6 hours ago

      Police officer charged following death of Bangkok pedestrian hit by speeding bike

      Visa6 hours ago

      Red tape remains for foreign retirees in Thailand

      Coronavirus World7 hours ago

      WHO says Europe could be heading for end of pandemic following Omicron surge

      Thailand News Update (weekday mornings)7 hours ago

      Thailand News Update | Easing of alcohol ban in Thailand

      Thailand4 months ago

      Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

      Thailand11 months ago

      Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

      Tourism11 months ago

      Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

      Phuket11 months ago

      Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

      Tourism11 months ago

      Phuket Thai food treats you need to try | VIDEO

      Thailand11 months ago

      Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

      Tourism11 months ago

      In search of Cat & Dog Cafés in Phuket Town | VIDEO

      Thailand1 year ago

      Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

      Thailand1 year ago

      Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

      Thailand1 year ago

      Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

      Thailand1 year ago

      Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

      Thailand1 year ago

      Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

      Thailand1 year ago

      Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

      Thailand1 year ago

      Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

      Thailand1 year ago

      Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

      Trending