Commerce Minister Jurin Laksanawisit on Thursday blocked an attempt to raise instant noodle prices on the back of higher production costs driven by a hike in global oil prices.
Mr Jurin said manufacturers were not allowed to increase the retail prices of instant noodle products at this time, as it would increase the burden on consumers who are already coping with the rising cost of living.
“The Commerce Ministry has not approved the increase of instant noodle prices,” he said after arriving in Phuket for a Commerce Ministry meeting. The ministry tried to maintain the prices for as long as…
