Trade Department checking stocks to ensure sufficient consumer goods

3 Oct 12:04 Key points summarised by AI

Commerce Minister Suphajee Suthumpun directed the Department of Internal Trade (DIT) to ensure sufficient consumer goods and prevent price gouging across retail outlets.
The DIT is actively checking stocks at distribution centers and coordinating with distributors to increase supply in areas where floodwaters have receded and stores are returning to normal operations.
A dedicated 'War Room' has been established by the DIT to manage supplies and coordinate effectively with retailers, producers, and other agencies.
The ministry urged businesses to maintain fair pricing and encouraged consumers to report any instances of price gouging via the 1569 Hotline, with violators facing significant penalties.

Consumer confidence index falls below 50 in September

Yesterday 17:19 Key points summarised by AI

Thailand's consumer confidence index declined to 48.9 in September, driven by concerns over the cost of living, household debt, and political instability.
Despite some relief from government schemes and export growth, consumers remain cautious due to political uncertainty and global economic instability.
Future confidence is projected to rise, buoyed by government initiatives and export growth, but household debt and geopolitical conflicts continue to weigh heavily.
The survey did not account for recent floods, which are expected to negatively impact the economy, employment, and consumer confidence, depending on their severity.