This is the first time I have seen some numbers regarding the impending Electric Tarff rises.
20.5 % ( and dont forget to add on the extra cost of VAT @ 7 %) is a large hike, and one that will put many Companies under.
Some Nations that are Thailand's direct Competitors for Exports and Manufactured Goods have Tariffs set for a Year, that are only about Half of this cost..
The basic costs of everything is sure to rise, and add to the nations Inflation rate, which has been quoted at something like 6.5 %( among the Worlds lowest )
The Inflation rate is nothing like this number, with Food Staples rising by more than 30 %, and in many cases by as much as 75%