Higher food prices expected at this time of year: Kittiratt
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Finance Minister Kittiratt Na-Ranong says higher food prices are expected around this time of year, but it's still possible to afford a good meal. To prove his point, he had lunch yesterday in the Parliament dining room with Interior Minister Yongyuth Wi
The cheque came to Bt150 for all five people – Kittiratt, Yongyuth and his family. The simple meal included soup and fried fish. They even had room for dessert.
Responding to complaints about skyrocketing prices, Kittiratt conceded that food costs are indeed higher, but it’s because of the seasonal heat wave. Such increases are expected around this time every year, he said, and compared to a year ago, prices are about the same.
“Some goods, such as fruit, are naturally more expensive at this time of year. We have to accept the fact that farmers need to sell their products at this price,” Kittiratt said.
He said he’s been checking the prices in stores and he doesn’t feel that costs have risen too high.
“I don’t believe there will be a big problem with expensive goods. The economy will get better and people will have more income. The government is now working hard to keep prices reasonable for both producers and consumers,” Kittiratt said.
