Article 62KA9 Thai instant noodle makers seek government approval for first price hike in 14 years

Thai instant noodle makers seek government approval for first price hike in 14 years

by
Rebecca Ratcliffe South-east Asia correspondent
from World news | The Guardian on (#62KA9)

Plea to government, which controls prices on some essentials, to allow rise as war in Ukraine and extreme weather drive up costs

Five major producers of instant noodles have urged the Thai government to allow them to increase their prices within a week, warning of soaring production costs affecting one of the country's most popular grocery items.

The war in Ukraine, as well as droughts and floods over the past year, have caused the cost of wheat, energy and transport costs to rise sharply, affecting noodle prices across Asia.

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