Government considers pork imports to reduce inflation

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Government considers pork imports to reduce inflation

The ripple effect pushes other prices up

Importing pork could be a way to mitigate high prices and weak supply, Prime Minister Prayut Chan-o-cha said yesterday.

However, the government must first check whether the country’s pork supply was adequate before taking such action, he told reporters.

“If there are dead pigs, more may be produced. Please understand that the current epidemic [of swine fever] is in only a few regions, not nationwide, and the number of dead pigs is not even 20%.

“So why is there a shortage? Something must have happened and some people might interfere in the process,” Gen Prayut said.

Pork shortages have been blamed for driving the price up from 150 baht per kilogram to 210-240 baht/kg in just weeks, with a contributing factor being the reported spread of African swine fever (ASF).

General Prayut said he had instructed the Ministry of Commerce, the Ministry of Agriculture and Cooperatives and other agencies to investigate the rising prices of consumer products.

“Price increases must be reasonable. When production costs, such as fuel, increase by one baht, it is not reasonable to increase the price of the product by five baht. Don’t be selfish right now” , said the Prime Minister.

Responding to a reporter’s question about raising the minimum wage to compensate for rising commodity prices, General Prayut quickly replied, “Where’s the money? You can say anything, but you have to find the money. The government has to have the money first.”

Soaring pork prices have recently been followed by increases in the cost of other services and goods such as rice, eggs, chicken, vegetables and fruits.

Meanwhile, Thanakorn Wangboonkongchana, government spokesman, said the prime minister was very concerned about rising consumer product prices and was ready to raise the issue at the cabinet meeting today. .

Mr Thanakorn said the Prime Minister had previously instructed the Department of Energy and the Department of Commerce to help find measures to help reduce the cost of living for Thais amid soaring fuel prices. goods and food.

He said the ministry had also set the price of chicken eggs at 2.90 baht each to ease the financial burden on consumers hit by soaring prices for pork and other products.

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