Thailand's higher production costs may soon be passed on to consumers

Prior to the war, prices of jasmine rice, palm oil, rubber and live pigs in Thailand had already been on the up. - AFP

BANGKOK, March 21 (The Straits Times/ANN): The war in Ukraine has increased production and manufacturing costs that could soon be passed on to consumers already bearing the brunt of higher energy and consumer goods prices since late last year.

Thailand’s headline inflation rate rose to 5.28 per cent last month, stronger than expected and the highest level since September 2008.