Menu/food prices rising in Thailand

[Big Boy]

But they won't add 0.1 satang, they'll round it up to 1฿.

[Dannie Boy]

But they won't add 0.1 satang, they'll round it up to 1฿.

I think we can all afford that!!

[Big Boy]

Of course WE can, but this will be passed on to the entire nation. Not all are as fortunate as us. There is no doubt a Baht here and a Baht there is taking effect. I remember when street food was 20฿ - do don't get much for 20฿ any more unless you are travelling on a train.

I bought a couple of half-price pizzas 2 days ago. Pizzas used to be a cheap meal to sit and watch the footy with. 539฿ (£12.36) - that isn't a price most people would even connect with Thailand a couple of years ago. A little bit here and a little bit there soon mounts up, and eventually becomes unrecognisable.

Whilst Expats can afford such prices, Thais want the same. They can't afford it, debt gets higher. Wage increases are demanded, which in turn result in further price rises/inflation.

I'm afraid a 20% rise in the price of sugar may be minimal, but is way above the supposed rate of inflation. It is an ongoing trend that is really messing up the country's economy. I didn't say it was a huge rise, I said, "It won't help."

Don't get me wrong, I love inflation - like most pensioners, my pension is Index linked. Even if the UK's inflation suffers a small fraction of what happens here, my annual rise usually outweighs any inflation in Thailand. I just hate seeing this country shooting itself in the foot.

[Dannie Boy]

The inflation principle is fine, it’s just the specific example I find odd - a 4 Baht increase in the price of a bag of sugar is going to make very little difference to anyone, Thai or Farang.

When the price of meat was going up in leaps and bounds, that did hurt a lot of people, fortunately that situation has been reversed over the past months.

[dundrillin]

Of course WE can, but this will be passed on to the entire nation. Not all are as fortunate as us. There is no doubt a Baht here and a Baht there is taking effect. I remember when street food was 20฿ - do don't get much for 20฿ any more unless you are travelling on a train.

I bought a couple of half-price pizzas 2 days ago. Pizzas used to be a cheap meal to sit and watch the footy with. 539฿ (£12.36) - that isn't a price most people would even connect with Thailand a couple of years ago. A little bit here and a little bit there soon mounts up, and eventually becomes unrecognisable.

Whilst Expats can afford such prices, Thais want the same. They can't afford it, debt gets higher. Wage increases are demanded, which in turn result in further price rises/inflation.

I'm afraid a 20% rise in the price of sugar may be minimal, but is way above the supposed rate of inflation. It is an ongoing trend that is really messing up the country's economy. I didn't say it was a huge rise, I said, "It won't help."

Don't get me wrong, I love inflation - like most pensioners, my pension is Index linked. Even if the UK's inflation suffers a small fraction of what happens here, my annual rise usually outweighs any inflation in Thailand. I just hate seeing this country shooting itself in the foot.

well the government pension for expats certainly isn't

[buksida]

Pork prices continue to rise, reaching 76 baht per kilogram compared to the previous price of 64 baht, leading to further increases in retail prices.

This increase is attributed to reduced supply caused by drought and heat affecting the health of animals and increasing production costs. Egg prices also rose by 0.2 baht to 3.6 baht per egg yesterday due to decreased supply caused by the heat.

In addition to pork and eggs, vegetable prices are also on the rise due to decreased supply. For instance, the price of coriander in Nakhon Ratchasima has soared to 200 baht per kilogram from 80 baht per kilogram last month, celery has risen to 160 baht per kilogram from 60 baht per kilogram, and yardlong beans have increased to 80 baht per kilogram from 35 baht per kilogram.

Source: Thai Enquirer

Remember ... there is 'negative inflation' in Thailand according to the gooberment. Mrs B already griping about the cost of pak shooting up. Doubt it'll affect the rich farang retirees living in utopia though ...

[Dannie Boy]

The price of pork must be the wholesale price because it’s quite a bit more than that in the supermarkets.

If the price of the inputs go up, then the price of the output has to go up - people won’t like it but what are producers expected to do - work at a loss?

Fortunately the rich retired farang will still be able to afford to put pork on their table!!


Sent from my iPhone using Tapatalk

[buksida]

The price of pork must be the wholesale price because it’s quite a bit more than that in the supermarkets.

Indeed, CP must make its profits regardless.

These increases appear to be climate-related though, and this is only going to get worse with amplified and accelerated drought/flood cycles in Thailand every year.

[Dannie Boy]

The price of pork must be the wholesale price because it’s quite a bit more than that in the supermarkets.

Indeed, CP must make its profits regardless.

These increases appear to be climate-related though, and this is only going to get worse with amplified and accelerated drought/flood cycles in Thailand every year.

I know this thread is about Thailand, but Europe is facing similar problems resulting from weather impacts on food production that will fuel food price inflation.

[buksida]

Yes, and you make these comparisons on every single thread when something detrimental to Thailand is reported.

Thailand menu/food prices please (we don't live in Europe or buy food there).

[Dannie Boy]

I’m mindful that we’re living here in Thailand but surely a bit of perspective now and again doesn’t take away what we’re discussing. I’m definitely not the only person who’s “guilty” of doing that!!

[berlinmichael]

Maybe we don't live in Europe or buy food there but we do buy European foods here in Thailand. Look at the extent of Euro sourced foods in Villa Market for example. In the last 12 months all of these products have significantly increased in price.....

[buksida]

Imported foods in Thailand were massively overpriced to begin with due to the taxes/duties so yes, they're only going one way (and I know it is happening in other countries).

[STEVE G]

^I suppose that imported food sold in Thailand is seen as something of a luxury so is priced accordingly. Back where it came from, everyone is buying it so it's much more price sensitive.

[Big Boy]

Just one more nail in the coffin

https://thethaiger.com/news/national/po ... food-costs