Thailand's Commerce Ministry Implements Initiatives to Reduce Living Costs
Several programs aim to stabilize prices and assist consumers amidst rising living expenses.
The Commerce Ministry of Thailand is actively monitoring product prices and implementing initiatives aimed at minimizing living expenses for its citizens.
Under the direction of Commerce Minister Pichai Naripthaphan, the Department of Internal Trade (DIT) and provincial commerce offices have been instructed to track price hikes and protect consumers from unfair pricing practices.
As of March 25, the DIT reported that many prices remain stable.
In the egg production sector, favorable weather conditions have led to a rebound, with the farm gate price for mixed eggs currently at 3.2 baht each.
Retail prices for size No.3 eggs have experienced a slight decrease, according to the department's findings.
In terms of meat supply, the market appears stable.
Live chickens are being sold at the farm gate for 40-41 baht per kilogram, with prices for chicken parts, such as thighs with bones and boneless breasts, recorded at 78.81 baht per kg and 79.5 baht per kg respectively, reflecting a minor decline from the previous month.
The nationwide average price for live pigs stands at 79.7 baht per kg, with expectations of stability as pig supplies are projected to increase in the latter half of the year, as indicated by the DIT.
Most fresh vegetables have also maintained stable pricing; however, specific items including Chinese kale, cabbage, and raw papaya have seen slight reductions in price.
Conversely, prices for coriander and fingerroot have experienced minor increases as their production cycles near completion.
Minister Pichai noted that the ministry has introduced several programs designed to alleviate the financial burdens faced by Thais.
One prominent initiative is the "Choojai Seniors 60+" program, which runs from January 30 to April 30, offering special discounts to elderly citizens across various provinces.
This scheme is anticipated to lower living costs by over 10 billion baht and could potentially stimulate economic activity by approximately 30 billion baht.
Additionally, the "Back to School 2025" initiative provides eligible students participating in the third phase of the digital wallet scheme with opportunities to acquire educational materials, clothing, and IT products at reduced prices.
The Mobile Blue Flag program and associated Blue Flag events also offer affordable consumer goods at 50 locations across Bangkok and other provinces.
Minister Pichai has encouraged consumers to report instances of excessive pricing.
Individuals can file complaints through the DIT hotline at 1569 or bring cases to their local provincial commerce offices.
Under the direction of Commerce Minister Pichai Naripthaphan, the Department of Internal Trade (DIT) and provincial commerce offices have been instructed to track price hikes and protect consumers from unfair pricing practices.
As of March 25, the DIT reported that many prices remain stable.
In the egg production sector, favorable weather conditions have led to a rebound, with the farm gate price for mixed eggs currently at 3.2 baht each.
Retail prices for size No.3 eggs have experienced a slight decrease, according to the department's findings.
In terms of meat supply, the market appears stable.
Live chickens are being sold at the farm gate for 40-41 baht per kilogram, with prices for chicken parts, such as thighs with bones and boneless breasts, recorded at 78.81 baht per kg and 79.5 baht per kg respectively, reflecting a minor decline from the previous month.
The nationwide average price for live pigs stands at 79.7 baht per kg, with expectations of stability as pig supplies are projected to increase in the latter half of the year, as indicated by the DIT.
Most fresh vegetables have also maintained stable pricing; however, specific items including Chinese kale, cabbage, and raw papaya have seen slight reductions in price.
Conversely, prices for coriander and fingerroot have experienced minor increases as their production cycles near completion.
Minister Pichai noted that the ministry has introduced several programs designed to alleviate the financial burdens faced by Thais.
One prominent initiative is the "Choojai Seniors 60+" program, which runs from January 30 to April 30, offering special discounts to elderly citizens across various provinces.
This scheme is anticipated to lower living costs by over 10 billion baht and could potentially stimulate economic activity by approximately 30 billion baht.
Additionally, the "Back to School 2025" initiative provides eligible students participating in the third phase of the digital wallet scheme with opportunities to acquire educational materials, clothing, and IT products at reduced prices.
The Mobile Blue Flag program and associated Blue Flag events also offer affordable consumer goods at 50 locations across Bangkok and other provinces.
Minister Pichai has encouraged consumers to report instances of excessive pricing.
Individuals can file complaints through the DIT hotline at 1569 or bring cases to their local provincial commerce offices.
