AreaThailand

Commodity GroupOilseeds, oils and meals

CommodityAll vegetable oils

Date01/06/2014

Policy CategoryConsumption and marketing

Policy InstrumentPrice control

DescriptionMaintained prices for essential consumer goods – including cooking oils – frozen until November 2014.

NotesTHAILAND – 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.