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Thai commerce ministry approves ฿1 per packet instant noodle price rise

Thai commerce ministry approves ฿1 per packet instant noodle price rise

13 Sept 19:27 Key points summarised by AI
  • Thailand's Commerce Ministry has approved a 1 Baht price increase for instant noodles from major brands (Mama, Wai Wai, Yum Yum), raising the price to 7 Baht per packet, effective August 25th.
  • The decision, driven by rising production, energy, and labor costs, comes with conditions: prices must decrease if costs fall, and manufacturers must report raw material costs monthly to the Department of Internal Trade.
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