Rains to push food prices down: PM
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Prime Minister Yingluck Shinawatra on Wednesday voiced optimism that the coming rainy season would help ease food prices.
“Prices of agricultural products should start dropping in the next few months with the arrival of rains and cooler weather,” she said.
Yingluck said she expected the price hikes to dissipate through market mechanisms, as crops would be cheaper in the rainy season.
She said the government had launched a sale campaign for essential goods to help the people cope with the cost of living.
Commenting on the low job approval rating for Commerce Minister Boonsong Teriyapirom, she said she sympathised with the minister for having to take the blame for price fluctuations.
She said she would focus on improving measures in dealing with price hikes, dismissing speculation about a ministerial change.
