Prices expected to remain highCustomers fork out hard earned money buying ever more costly goods in Muang district, Nakhon Ratchasima. (Photo: Prasit Tangprasert)A survey of company CEOs found that the price of goods was expected to remain high for at least three more months because of the high cost of production and fuel, the Federation of Thai Industries announced on Monday. They blamed high prices on the shortage of raw materials and rising costs of production and fuel. "High prices will continue for at least three months or possibly until the end of this year if energy prices remain high," he said. He said the CEOs expected inflation to run at 2-4% this year.

Source: Bangkok Post February 07, 2022 18:23 UTC