Commerce Minister expedites efforts to reduce living costs

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Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai mentioned the measures to help the populace, focusing on reducing the prices of goods, particularly since fuel prices have already dropped.

Efforts to alleviate the financial burden on citizens have become a government priority. Talks are scheduled between high-level officials and major businesses to discuss lowering product prices, expected to take concrete shape by early October.

Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai mentioned the measures to help the populace, focusing on reducing the prices of goods, particularly since fuel prices have already dropped.



A 15-day period has been set to examine the cost structure of various types of products, including rice, meat, chicken eggs, and about 20 other items. Clarity on this issue is expected in early October.

In the coming week, the government will negotiate with large-scale operators. Previous talks have been held with some businesses to find a balance that is acceptable to both producers and consumers. (NNT)






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