Some firms vow to keep prices stable, shoulder cost burden

Published by
The Bangkok Post

Most business operators do not plan to increase the prices of goods and services in the next three months despite rising costs, according to a Bank of Thailand survey. The survey included responses from 246 small and medium-sized enterprises and large corporations during the period Jan 1-21. The study found 59% of respondents are not planning to increase prices over the next three months, while 29% expect to hike prices by less than 10%, 5% want to increase prices by between 11% and 20%, and 4% plan to raise prices by between 21% and 30%. In order to shoulder higher costs without raising price…

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