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Thai Government monitors product prices after 20% cost drop

Thai Government monitors product prices after 20% cost drop

Thairath•Politics•37m ago

Reader Briefing

The Thai government is monitoring the prices of essential goods and single-dish meals following a 20% decrease in transport and packaging costs.

  • •Ms. Ratchada Thanadirek announced the government's monitoring of the cost of living on July 19, 2026.
  • •The Ministry of Commerce reported a roughly 20% decrease in plastic packaging and transport costs from peak crisis levels.
  • •The Department of Internal Trade has consulted over 80 producers, distributors, and retailers to freeze prices of essential daily goods.

Overview

  • •On July 19, 2026, Ms. Ratchada Thanadirek revealed that the government is closely monitoring the people's cost of living.
  • •The Prime Minister assigned relevant agencies to monitor prices of essential goods and single-dish meals to ensure adjustments align with actual costs as the energy situation eases.
  • •The Ministry of Commerce reported that some costs, specifically plastic packaging and transport, have decreased by approximately 20% from their peak crisis levels.
  • •The government is carefully monitoring price reductions according to cost cycles because some products are still from old stock produced during high-cost periods.
  • •The Department of Internal Trade invited over 80 producers, distributors, and retail stores to request cooperation in freezing prices of essential goods such as soap, shampoo, toothpaste, sugar, canned fish, instant noodles, and ready-to-drink milk.
  • •The Ministry of Commerce is closely monitoring source raw materials for single-dish meals, including sticky rice, seasonings, meat, and various fresh vegetables, which are stabilizing or trending downward.
  • •The government confirmed it will use all mechanisms, including legal measures, to prevent opportunistic price hikes.
  • •The government is collaborating with retail stores to organize promotions to reduce the cost of living for citizens.

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Source: Thairath (Original)

Key Entities

Person

Ratchada Thanadirek(รัชดา ธนาดิเรก)
Spokesperson for the Office of the Prime Minister.
Prime Minister(นายกรัฐมนตรี)ℹ️
The leader who assigned relevant agencies to monitor the prices of essential goods and single-dish meals.

Organization

Government(รัฐบาล)ℹ️
The governing body monitoring the cost of living and preventing opportunistic price hikes.
Ministry of Commerce(กระทรวงพาณิชย์)ℹ️
The ministry reporting cost reductions and monitoring raw material prices for single-dish meals.
Department of Internal Trade(กรมการค้าภายใน)
The agency that consulted over 80 producers, distributors, and retailers to freeze prices of essential goods.
Office of the Prime Minister(สำนักนายกรัฐมนตรี)
The office where Ms. Ratchada Thanadirek serves as spokesperson.