Smaller packets, lower prices

[webfact]

Smaller packets, lower prices

By The Nation

 

 

Many small business owners have applied to the Department of Internal Trade (DIT) to reduce packet sizes and prices to help consumers who want to lower their expenses, DIT’s Deputy Director-General, Prayoth Benyasut said on Friday (December 13).

 

“Most entrepreneurs have requested permission to reduce the product’s size and price. In our view, this does not violate the criteria we have set but we will not allow them to makes packets smaller and sell them for the same price,” he said.

 

“Entrepreneurs will not increase the product price because the production cost is not high, except for goods which are affected by the sugar tax.”

 

Meanwhile, DIT’s Director-General, Whichai Phochanakij added that the government has approved gradual increases in the price of granulated sugar price by Bt3-4 per kilogramme .

 

“The price ex-factory averages Bt17-18 per kilogramme, resulting in an average nationwide retail price of Bt21-22 per kg though some types or sugar cost slightly more,” he said.

 

“According to our survey conducted in department stores and large retail stores, special promotions on sugar see prices of Bt17-20/kg. When the promotion ends, the price returns to Bt21-22.”

 

He added that if any entrepreneurs want increase the sugar price, they must first apply to the department. 

 

“If anyone has noticed department stores or markets raise the sugar price, they should submit a complaint at the department’s hotline 1569,” he added.

 

Source: https://www.nationthailand.com/news/30379402

 

-- © Copyright The Nation Thailand 2019-12-13

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[keith101]

13 minutes ago, webfact said:

“Most entrepreneurs have requested permission to reduce the product’s size and price. In our view, this does not violate the criteria we have set but we will not allow them to makes packets smaller and sell them for the same price,” he said.

Good luck with that most companies around the world decrease the packet/box size and continue to sell at the same price to make a bigger profit .

[worgeordie]

Just today bought some packets of cereal my daughter likes, last week

16 THB, today 20 THB, and a  less in them.so not only decreasing

the size but increasing the price.

With the Pound increasing against THB, expect prices of goods imported

from UK,to rise,but they did not come down when importers had a windfall

when the Pound crashed.

regards worgeordie

 

[Daffy D]

2 hours ago, keith101 said:

Good luck with that most companies around the world decrease the packet/box size and continue to sell at the same price to make a bigger profit

Could be with the rising cost of labor and raw materials and running cost of a factory they are reducing the box size and contents so as not to increase the price to the consumer. 

 

Just a thought.

 

 

[StayinThailand2much]

23 hours ago, webfact said:

(...) reduce packet sizes and prices to help consumers who want to lower their expenses

Already happening; smaller Gatorade bottles, smaller tuna cans, all kinds of packaged food, esp. boxes, where the package has not changed in size, but is half-empty now. And all for the same or a higher price, so, at best, helping consumers to consume less...

[StayinThailand2much]

20 hours ago, Daffy D said:

Could be with the rising cost of labor and raw materials and running cost of a factory they are reducing the box size and contents so as not to increase the price to the consumer. 

 

Just a thought.

 

 

It's, of course, a world-wide trend. But I doubt that producers, usually, wait for the DIT's 'okay'.

[StayinThailand2much]

22 hours ago, worgeordie said:

last week 16 THB, today 20 TH

That's a whopping 25% increase! Wonder, if such price rises make it into the official inflation rate...