Price Of Instant Noodles Increased In Thailand For The First Times In 14 Years
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Thailand last increased the price of instant noodles in 2008.Thailand has approved a proposal to increase the price of instant noodles, the country's trade department said on Wednesday. This is the price increase on the must-have daily staple in 14 years. The decision comes days after five major producers of instant noodles urged the Thai government to allow them to increase their prices, warning of soaring production costs, according to a report in The Guardian. The war in Ukraine, along with with droughts and floods over the past years, have sent the cost of wheat, energy and transport soaring, the outlet further said.News agency AFP said that the trade department has approved an increase of seven baht on every regular-sized packet. It said that the new price will be become effe...