Trade and markets
 

Detail

Area
Thailand
Commodity Group
Oilseeds, oils and meals
Commodity
All vegetable oils
Date
01/06/2014
Policy Category
Consumption and marketing
Policy Instrument
Price control
Description
Maintained prices for essential consumer goods – including cooking oils – frozen until November 2014.
Notes
THAILAND – consumption policy: Reportedly, the country’s retail sector agreed to maintain prices for essential consumer goods – including cooking oils – frozen until November 2014. The government asked the private sector to collaborate so as to help people cope with rising costs of living. Reportedly, inflation in Thailand has accelerated in recent months due to higher food and energy prices, increasingly burdening consumers.