Mr. Udom Srisomsong, the Department of Internal Trade’s deputy director-general, said that the agency has been keeping an eye on the cost of consumer products and has seen that the cost of chicken parts and pork has been going down over the last month.
The price drop for chicken is around 3% as a direct effect of more chickens being raised for sale. Furthermore, the current price trend of chicken parts is predicted to decline throughout the subsequent tie, accordingly to the quantity of output.
The price of pork also dropped, the National Association of Swine Producers reports. To avoid affecting the purchasing power of the general public, the locals continue to advocate a price of 100 baht per kilogram for live pigs sold in front of the farm. The retail price of pork red meat has dropped by 2% over the past month, and more decreases are anticipated over the next months. Why? Because the fourth quarter is traditionally when the market produces the most.
But if you are caught stockpiling or taking advantage of sales at inflated pricing, you will face serious consequences. Section 29 of the Price of Goods and Services Act provides penalties in the form of imprisonment for up to 7 years, a fine of up to 140,000 baht, or both, if proven guilty.
If something comes to attention, the national hotline for the Department of Internal Trade is 1569, and provincial commercial offices can be contacted for assistance.
