"COST OF LIVING"

The National Security Council (NSC) is scheduled to set up a special team to tackle Thailand’s fuel and food crisis when it meets on Monday (July 4).

The government will maintain energy and financial stability to mitigate the impacts of rising energy prices especially on vulnerable people, Prime Minister Prayut Chan-o-cha said on Wednesday.

The Cabinet on Tuesday approved a new round of eight measures to soften the impact of rising fuel prices on people's cost of living from July to September.

Additional measures to relieve the cost of living would be proposed to the Cabinet next Tuesday (June 21), Energy Minister Supattanapong Punmeechaow said on Tuesday.

The price of many consumer goods jumped on Wednesday due to increasing production costs in transportation, packaging and materials, in line with rising energy prices.

A cooking gas store in Chiang Mai is allowing some customers to pay in instalments after the price rose by one baht per kilogram on Wednesday.

Australians remain split on their election choice just days out from the national poll, with voters highlighting the rising cost of living, climate change and the unpopularity of Prime Minister Scott Morrison as key electoral issues.

Orders for charcoal stoves from a large factory in Trang province have risen sharply as fuel and cooking gas prices continued to rise.

Farms in several provinces hiked the price of eggs from 3.4 baht to 3.5 baht per egg on Friday, making a carton of 30 eggs 3 baht more expensive and adding to the cost-of-living crisis.

Tuesday’s Cabinet meeting approved two measures to lower the cost of living amid rising fuel prices.

Many street vendors and taxi drivers said they are not satisfied with government measures aiming to cushion low-income earners from the impact of rising oil prices, a survey conducted by The Nation has learned.

The Finance Ministry is waiting for the Energy Ministry to calculate how much budget is needed to relieve burdens from the rising price of cooking gas and benzene.