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  1. #1
    My kind of town
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    Prices In Thailand Skyrocketing!!!!!

    Pork has risen from 70 to 80 baht per kilo to 120 baht per kilo in just one week. That is a huge increase.

    Butter has doubled and aside from food price increases, the cost of tolls on the toll road nearly doubled over night.

    I can see prices going up a few baht a year, but this is unbelievable.....

    This was just discussed on Thai channel 7.

    What else have you guys seen skyrocket in price?
    Last edited by chitown; 09-03-2008 at 12:10 AM.

  2. #2
    ding ding ding
    Spin's Avatar
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    Various snacks I buy from 7-11 have shrunk dramatically but stayed the same price, like i wasnt going to notice or something?

  3. #3
    Thailand Expat
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    The girls are asking a lot more than they used to in Pattaya these days.... not good...

  4. #4

    R.I.P.


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    ^I had one ask me for 750baht for a short time a couple of weeks ago down at Jade bar, hell, I am one of the best customers they can get, I do it Aussie style and try to finish as quickly as possible, selfish bitches.....

  5. #5
    The cold, wet one
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    Black Canyon Coffee have redone their menus. Less food, higher price.

    Butter & cheese has been going up for a while, but, you're right that some of the prices are double what they were recently.

  6. #6
    My kind of town
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    ^^ and ^^^

    From pork to poontang........

    I guess it is a thread on rising costs

  7. #7
    Thailand Expat
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    Quote Originally Posted by dirtydog View Post
    ^I had one ask me for 750baht for a short time a couple of weeks ago down at Jade bar, hell, I am one of the best customers they can get, I do it Aussie style and try to finish as quickly as possible, selfish bitches.....
    750 baht ain't that bad.... Room on top of that is 250? .... 1000 all in for a short short time...

    They must get through a fair few in a day in there though...

    Have you tried Kinaree Palace yet in Pratamnuk?.... Been there for a few ales a couple of times but never been up the spiral stairway to heaven to partake in any shenanigans... Very nice place... Has a bowling green in the back garden which makes for an interesting game with a few short-time girls....

    Oh... back on topic..... Toll roads have doubled... feckin' hell!

  8. #8
    សុខសប្បាយ
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    This sufficiency economy should be able to handle it.

    Arf arf.

  9. #9
    I am in Jail

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    Wait until this next trend hits us in Thailand. Look for airfares to rise again.

    United boosts fuel surcharge


    Fri Mar 7, 12:10 PM ET CHICAGO - United Airlines is raising its fuel surcharge again in the latest effort within the industry to try to limit losses from soaring jet fuel prices.
    There was no immediate word whether other carriers were following suit.
    United boosts fuel surcharge - Yahoo! News

  10. #10
    I am in Jail
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    yeah, I can see the new government policy of easing credit solving the local inflation problem,

    between the USD and oil prices, prices have gone up 100%

  11. #11
    Thailand Expat Texpat's Avatar
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    I spent 7,000 baht in Tesco's for a moderately piled trolly of groceries yesterday.

    Yikes. A similar trolly full last year was about 4-5K.

  12. #12
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    With crude prices 3 cents less than $106 today, just think about the knock on effects for Thailand. No refineries. No crude oil base stocks to speak of.

    This will result in very high prices this year I believe.

  13. #13
    I am in Jail
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    ^^ well the good news is that after every price shock like that one, this will put pressure on aggregate demand, and that means slow down of economic activity, so eventually things will re-adjust

    Next step is for the local population to revolt,

    Best thing to do now is to hold on your cash, and start saving as it will get ugly by the end of the year,

  14. #14
    Thailand Expat Texpat's Avatar
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    I wonder about the people living around me.
    Many don't see 7K in a month.

    Like my UBC askes me every Friday night at 8 p.m.

    HOW DO THEY DO IT?

    Maybe I should go out and get a good shovelful for dirt soup some night next week.

  15. #15
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    ^I honestly think we'll see massive bank defaults on all the Isuzu DMax financed trucks. It will just become too expensive to operate them for these people, and they will default.

    Sort of like a consumer auto finance sub-prime mini meltdown right here in Thailand. Could put a chill on the auto biz here, which is a huge industry.

  16. #16
    I am in Jail
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    The only way to stop the massive inflation is to implement price control,

    maybe not a bad solution,

    Fixed THB rate and price control, that could help temporarily,

  17. #17
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    ^Yes, I think you may be on to something BF, but we're seeing the opposite in terms of policy, aren't we?

  18. #18
    The Dentist English Noodles's Avatar
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    Quote Originally Posted by chinthee View Post
    With crude prices 3 cents less than $106 today, just think about the knock on effects for Thailand. No refineries. No crude oil base stocks to speak of.

    This will result in very high prices this year I believe.
    Thailand has at least 7 crude oil refineries that i know of producing in the region of 800,000 to 1,000,000 bpd.

    Noodles.

  19. #19
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    ^That is nothing, and a mere fraction of what is required for Thailand in finished products. The majority come from Singapore.

  20. #20
    Thailand Expat Texpat's Avatar
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    Yeah, they're trying to let the market find itself...
    Really bad idea if you're on a 5K salary.

    Double bolts around and damn glad I finished my shed.

    For some odd reason, my wife brought two large knives upstairs about a week ago and showed me where she was placing them. Damn -- bunker up boys.

  21. #21
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    ^I do agree with you Tex, though not happily. I think if things get rough, farangs will be targeted for burglaries, and I'm never one to be an alarmist on these things. Best to keep a low profile this year.

  22. #22
    The Dentist English Noodles's Avatar
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    Quote Originally Posted by chinthee View Post
    ^That is nothing, and a mere fraction of what is required for Thailand in finished products. The majority come from Singapore.
    You claimed in your post that they had none.

  23. #23
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    Quote Originally Posted by English Noodles View Post
    Quote Originally Posted by chinthee View Post
    ^That is nothing, and a mere fraction of what is required for Thailand in finished products. The majority come from Singapore.
    You claimed in your post that they had none.
    Ok, relatively none. Do you want to get into semantics wars with me? Are you the new Ant?

  24. #24
    The Dentist English Noodles's Avatar
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    Quote Originally Posted by chinthee View Post
    Quote Originally Posted by English Noodles View Post
    Quote Originally Posted by chinthee View Post
    ^That is nothing, and a mere fraction of what is required for Thailand in finished products. The majority come from Singapore.
    You claimed in your post that they had none.
    Ok, relatively none. Do you want to get into semantics wars with me? Are you the new Ant?
    Did you read anything insulting toward you in my post? ,just because i pointed out your mistake there is no need for insults.

    Your spin doctoring techniques wont work.

    Noodles.


  25. #25
    I am in Jail

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    ^Hello Ant2. Everyone, please welcome the new Ant. I never insinuated that you insulted me. I merely said that my rounding of numbers from nothing to mostly insignificant was not significant.

    Follow that? No, I thought not.

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