Somkid orders close watch on prices of consumer goods in flood-stricken areas

Commerce officials in flood-stricken provinces were yesterday ordered to keep close watch on prices of consumer goods to prevent profiteering particularly after the oil price increase today.

The order was given by deputy prime minister in charge of economic affairs Dr Somkid Jatusripitak after flood situation improved.

He also instructed commerce officials in the flood-stricken areas to report him on prices of consumer goods on daily basis to prevent exploitation of the situation.

In case of detection of profiteers, legal action must be dealt with them drastically. Besides they could also face stringent examination of their cost structure.

In the effort to assist the affected people, the government will also relaunch the selling of necessary consumer goods at low prices under the well-known Blue Flag scheme.

These unnecessary products such as soap, detergents, toothpastes will be 15-20% lower than market prices.

Source: Thai Public Broadcasting Service (Thai PBS)

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