Anyone notice grocery prices going up here lately?

[Kenny202]

Just went to local Tesco little pack of celery 55 baht! Cabbage 125 baht. Eggs have gone up 40% last 2 years. I normally buy veges from my veg lady but she's MIA today and even she is putting her prices up. Pork seems to be holding but chicken has gone way up no prizes their for guessing that has something to do with CP monopolizing the market. Funnily I have found many imported foods decreased, particularly from Australia as they have been cut off from China and must have overstocks. I am talking general Thai  groceries, veges....fruit has been cheap due to covid. That is all they need here is inflation

[dinga]

With packeted goods, have also noticed the serves are much smaller when the price remains the same.

 

I remember inflation in the '70s/'80s - fear we're headed there again

 

 

[HeijoshinCool]

.

 

It stinks, but count your blessings.....

 

I left the States 10 days ago. Had been back there for 4 months. Prices have gone crazy. Box of eggs at Walmart was $2.99. Now $7.49. Many of the aisles are half empty. Beef was sporadic and sparse and has gone up at least 20% in this year.

 

It's only going to get worse.....

 

Worldwide.

[clivebaxter]

waiting for the tax reduction on wines spirits, when is that meant to happen?

[internationalism]

get to makro for half price (or even less) expiring vegies and fruits (other supermarkets have less of those special offers). 

They have also catering size around 5kg bags.

Also check on their makroclick website for frozen.

Investing in a large fridge-freezer will pay back within a year. Get your produce at season at rock bottom price to last you for months

[Kenny202]

Funny you mention about beef. I heard in Australia it was simply too expensive to buy last 6 months. We get Aussie beef here never been cheaper and its not old frozen stock either. As for serves yes 100%. Seems to be the norm here a manufacturer will make a product that is good and obviously sell well. Then they will start to deplete it somehow to increase profit and ends up a pale shadow of its former self. We were buying hot dogs here. Company had 100% pork and chicken. The pork were more expensive than the chicken by 20 baht. Next thing they were doing a pork and chicken blend, and the other chicken one. The price never dropped. Now they only do the 100% chicken one at the same price the premium pork one was 2 years ago, and pork prices haven't increased last 2 years. 

[CharlieH]

Yes ! Also apparent gaps in supply, its in stock,sells out, them may not be back for weeks with some items.

Made me buy it if you see it with some items  because you dont know when it will return.

 

[kingstonkid]

Yeah it is always interesting.  Before Pand I could buy most of my groceries for 2,000 baht.  Now it is closer to 3 and not always able to get what I need.  However the member of my family that is really <deleted> is my cat.  

Getting his favourite cat food is hit and miss as I guess they have trouble importing it or something.

 

[rodknock]

you do not expect the prices to go down??

[Gsxrnz]

The laws of supply demand only work correctly when the market is largely left alone to do what it does. Prices will rise or fall depending on where the supply/demand lines cross.  

 

It's when government step in to interfere with the markets that the proverbial hits the fan.  Globally we are in  for a perfect storm of government interventionist fallout.  Globally circa 40% of surplus printed fiat  money known as quantitative easing.  Global productivity not matching the surplus fiat money. The labor markets turned upside down through covid lockdowns, the same with suuply chain logistics and manufacturing. Consumer demand increasing thanks to more leisure time and the aforesaid government printed monopoly money.

 

Add to this the war upon fossil fuels and rampant energy and transportation price increases, and hey-presto, <deleted>.  

 

Inflation reported at 4.5% in most of the West but it's already really 10%.  In the next few years we are going to see inflation north of 15% (and only a few months ago I thought it would be 10%), mortgage rates in the 10% region, seeing a housing market crash, corporate debt will be eroded for those who can generate the cash to pay the intertest, pensions will be eroded dramatically as governments just print more money to fund them which further dilutes their value.. I could go on but it's depressing.

 

Anybody on a fixed income or have debt are in for hard times.  Those that have the ability to manage their financial situation with some dexterity will prosper magnificently.

Edited October 25, 2021 by metisdead
Profane acronym removed.

[ezzra]

These are tumultuous times we live in and anything and everything can and will go up/down or sideways, so while some stuff goes up due to disruption in the workforce and transportation shortage of material and what have have you, so know when and where to shop good prices and bargains are there for those with the keen eye...

[digbeth]

Thai local veggies are affected by flood, meanwhile pandemic situation in laos means shipment from China are being stuck at the border

[mahtin]

This little piggy got drowned in the floods (which were not supposed to happen according to Canute).

[cape]

25 minutes ago, Gsxrnz said:

The laws of supply demand only work correctly when the market is largely left alone to do what it does. Prices will rise or fall depending on where the supply/demand lines cross.  

 

It's when government step in to interfere with the markets that the proverbial hits the fan.  Globally we are in  for a perfect storm of government interventionist fallout.  Globally circa 40% of surplus printed fiat  .

Great analysis chum

[cape]

Point being, inflation is massive and worldwide ... higher still next year 2022, then falling back 2023, to "normal" 2024+.

But who knows, these economists eh.

[spidermike007]

The world is experiencing runaway inflation at this time. In the US, the prices are going up 10, 20, 30% at a time. It is insane. 

[BritManToo]

41 minutes ago, rodknock said:

you do not expect the prices to go down??

15Kg gas has reduced from 400bht to 365bht this month.

I've not really noticed anything going up in price.

 

75" LG TV is down from 40kbht to 35kbht.

Edited October 25, 2021 by BritManToo

[Chris.B]

Nope, I find chicken very cheap nowadays compared to a few years ago.

 

[WhiteBuffaloATM]

Simplify Life & Kitchen. Local Markets (or Sizzler Salad Bar!) for Fresh Quality Produce. No Processed or Imported Foods. Diet of PlantsEggs Fish Water. HIIT Exercise. No Junk Intakes. One Daily Meal.

[dinga]

13 minutes ago, spidermike007 said:

The world is experiencing runaway inflation at this time. In the US, the prices are going up 10, 20, 30% at a time. It is insane. 

Dead right - all Government Official Inflation numbers are absolute B/S (watch them yet again re-jig the basket of cost categories to minimise the actual inflation numbers).  Happened before - reckon it'll be on again by end-March 2022.

 

Buckle up 

[toofarnorth]

I did notice lettuce has gone up and I think that is just the tip if the Iceberg.

[tonray]

Oh dear.. The sky is falling once again on ThaiVisa...when will the misery end ?

[HAPPYNUFF]

Other day at Makro,  chicken breasts at 45 baht a Kilo.   My son tells me there nearly  $15  ( about 360 baht)a kilo in Australia.

My wife  got talking to the lady sells those fried banana  or potato things  at a roadside stall, the lady was saying  everything she  has to buy, cooking oil, bananas, coconut, gas, etc has gone up, but she is afraid to raise her prices, as she will lose customers.

[dinga]

43 minutes ago, tonray said:

Oh dear.. The sky is falling once again on ThaiVisa...when will the misery end ?

Hardly -  it's reality.  Don't bother posting inane comments - just a waste of time to read them 

[Airalee]

Most of the food I buy is on sale more often than not. (Blue Diamond almonds, King Oscar sardines, Mainland cheese, Anchor butter)   I only buy when on sale and stock up at those times.

 

Add to that the 10% (average) discount codes for happyfresh delivery (prices are the same as in the store so it’s cheaper to have my groceries delivered for ฿50).

 

Then factor in that I’m now getting 10% more baht per USD compared to 2 years ago.

 

Steaks are cheaper.  Chicken is the same.  Broccoli and lettuce are hit and miss with price and availability.

 

So, for me, groceries are much less expensive than pre-pandemic.

[Olmate]

3 minutes ago, dinga said:

Hardly -  it's reality.  Don't bother posting inane comments - just a waste of time to read them 

Says who

[Kenny202]

1 hour ago, Airalee said:

Most of the food I buy is on sale more often than not. (Blue Diamond almonds, King Oscar sardines, Mainland cheese, Anchor butter)   I only buy when on sale and stock up at those times.

 

Add to that the 10% (average) discount codes for happyfresh delivery (prices are the same as in the store so it’s cheaper to have my groceries delivered for ฿50).

 

Then factor in that I’m now getting 10% more baht per USD compared to 2 years ago.

 

Steaks are cheaper.  Chicken is the same.  Broccoli and lettuce are hit and miss with price and availability.

 

So, for me, groceries are much less expensive than pre-pandemic.

This could only be one person lol. Hope you are doing ok bro

 

[toofarnorth]

1 hour ago, Airalee said:

Most of the food I buy is on sale more often than not. (Blue Diamond almonds, King Oscar sardines, Mainland cheese, Anchor butter)   I only buy when on sale and stock up at those times.

 

Add to that the 10% (average) discount codes for happyfresh delivery (prices are the same as in the store so it’s cheaper to have my groceries delivered for ฿50).

 

Then factor in that I’m now getting 10% more baht per USD compared to 2 years ago.

 

Steaks are cheaper.  Chicken is the same.  Broccoli and lettuce are hit and miss with price and availability.

 

So, for me, groceries are much less expensive than pre-pandemic.

You mentioned Mainland cheese. Good up here in Lotus last week . Mainland chedder vintage 24 months old appeared at 62B for 250g pack . The word soon got round to 3 ferlung here . I had 4 packs , Bruce the Australis Vulgaris bought 8 packs and another bought 5 , all gone now. but still check when in there. BARGAIN !

[bbko]

8 hours ago, dinga said:

With packeted goods, have also noticed the serves are much smaller when the price remains the same.

I started noticing this practice with M&Ms a few years ago, same price/fewer M&Ms.  Then I heard there's a name for this sneaky practice, "Shrinkflation".

 

In economics, shrinkflation is the practice of reducing the size or quantity of a product while the price of the product remains the same.

[Nojohndoe]

Seasonal fluctuations, import cost fluctuations, production costs for energy , transport etc.

Inflation never ceases and as a factor in the financial capacity to keep up with it is a strange measure of the "success" of an economy.

No surprise when profits are also calculated as a percentage in rake off .

The only food item I have seen a sustained major leap in price is eggs .

For the rest where I note many mention imported items consider the general change in exchange rates. The availability and relatively low cost of bland corn fed Australian beef is likely due to a surplus in supply now China has rejected it despite quite humorously a good percentage of it probably coming from Chinese owned operations.