Most business operators do not plan to increase the prices of goods and services in the next three months despite rising costs, according to a Bank of Thailand survey.
The survey included responses from 246 small and medium-sized enterprises and large corporations during the period Jan 1-21.
The study found 59% of respondents are not planning to increase prices over the next three months, while 29% expect to hike prices by less than 10%, 5% want to increase prices by between 11% and 20%, and 4% plan to raise prices by between 21% and 30%.
In order to shoulder higher…