Thailand to freeze prices of many goods for six months


  • World
  • Friday, 06 Jun 2014

BANGKOK (Reuters) - Thailand's Commerce Ministry said on Friday that prices of many consumer goods would be frozen for six months to November to hold down living costs and boost the economy and confidence.

"Producers of 205 categories of necessary consumer goods are happy to freeze prices for six months," the ministry's permanent secretary, Srirat Rastapana, who is acting minister under a military government that seized power on May 22, said in a statement after meeting with companies and trade associations.

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