Inflation indicator: Price of Mama noodles set to rise by as much as one baht a pack

[webfact]

Picture: Siam Rath

 

Siam Rath reported on the continuing rise in prices experienced in Thailand since the turn of the year especially for foodstuffs using flour and oil.

 

A clear indicator that inflation is rampant came as Thai President Foods PLC decided to raise the wholesale cost of their flagship Mama noodle brand. 

 

This will apply to brands using yellow noodles such as Tom Yam and Chopped Pork Mama but not yet ones using white noodles.

 

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Two to three baht has been added to a pack of thirty sachets while larger boxes of the popular snack have gone up similarly.

 

The media suggested that within two weeks - a month at the latest - the price of a single sachet of Mama in retail outlets will rise from its current price of 6 baht to 6.50 or even 7 baht.

 

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[StayinThailand2much]

48 minutes ago, webfact said:

A clear indicator that inflation is rampant came as Thai President Foods PLC decided to raise the wholesale cost of their flagship Mama noodle brand. 

The sky is falling!! ???????????? - One of Thailand's staple foods up in price by 50 satang or 1 baht!

Edited April 28, 2022 by StayinThailand2much

[Laughing Gravy]

47 minutes ago, webfact said:

Two to three baht has been added to a pack of thirty sachets while larger boxes of the popular snack have gone up similarly.

That will have people queuing around the block stocking up i am sure.

[jacko45k]

And in a swoop, thousands of retirees have their weekly budgets spoiled!

[scubascuba3]

Today i see Makro McGarrett oats large up from 80 to 110, Frozen Blackberries in big C were 89 now a mixture 149

[StayinThailand2much]

26 minutes ago, scubascuba3 said:

Today i see Makro McGarrett oats large up from 80 to 110, Frozen Blackberries in big C were 89 now a mixture 149

That's a whopping 38% and 68% higher! But funny, no headlines about these price increases in Thai media yet...

Edited April 28, 2022 by StayinThailand2much

[daveAustin]

Folks may laugh but that’s a rise of over 15% if up to 7 baht. Along with everything else, quite worrying for those Thais with no job atm I would imagine. 

[jcmj]

You can laugh now, but we’ll see how much you are laughing when all your favorites go up 15%. 

[LPCustom69]

Ouch!

[dinsdale]

37 minutes ago, jcmj said:

You can laugh now, but we’ll see how much you are laughing when all your favorites go up 15%. 

Camel blue. Bt60 a pack up to Bt72. Believe me I wasn't laughing. 20% rise. ps please non-smokers/anti smokers no just quit smoking rants please. The op is about price rises.

[Tarteso]

A real tragedy for poor and consumers of the first and irreplaceable food in this country.

Edited April 28, 2022 by Tarteso

[mrfill]

2 hours ago, daveAustin said:

Folks may laugh but that’s a rise of over 15% if up to 7 baht. Along with everything else, quite worrying for those Thais with no job atm I would imagine. 

Wholesale price rises 0.1bt per pack - that's 1.67% increase. Retailers increase price by 16.67%.

And that's how inflation gets fired up....

[hotchilli]

38 minutes ago, Tarteso said:

A real tragedy for poor and consumers of the first and irreplaceable food in this country.

I guess this famous dish will be present in the forthcoming "Michelin guide" for the North East?

[RichardColeman]

1 hour ago, jcmj said:

You can laugh now, but we’ll see how much you are laughing when all your favorites go up 15%. 

Or change your staple to a thai alternative that will go up less !

[shackleton]

Well that's going to start people panic buying ???? 

 

[placeholder]

4 hours ago, StayinThailand2much said:

That's a whopping 38% and 68% higher! But funny, no headlines about these price increases in Thai media yet...

 

4 hours ago, StayinThailand2much said:

That's a whopping 38% and 68% higher! But funny, no headlines about these price increases in Thai media yet...

Funny how the price Rises of those two crucial Thai foods, blackberries and oatmeal  don't make the headlines. Go figure!

[HappyExpat57]

Maybe I shouldn't jinx it but whole milk has been a stable ฿91.75 at chain supermarkets, 7/11's and Family Marts for YEARS.

[placeholder]

11 minutes ago, HappyExpat57 said:

Maybe I shouldn't jinx it but whole milk has been a stable ฿91.75 at chain supermarkets, 7/11's and Family Marts for YEARS.

What happened with milk was years ago, there was a worldwide shortage and prices shot up everywhere. But when the shortage was over, and prices elsewhere had declined sharply, for some odd reason, the prices in Thailand didn't. You would almost think that there was some kind of agreement among the competitors to keep prices artificially high.

[relax33]

5 hours ago, scubascuba3 said:

Today i see Makro McGarrett oats large up from 80 to 110, Frozen Blackberries in big C were 89 now a mixture 149

You have to thank the Biden govt  for starting the war n forcing everyone to cough out more for everything ...

Ordinarily when one is in a bad neighborhood school n some students start fighting when lessons are in progress, the pliant teacher will usually just get them to fight outside the class or at worse at a far corner without interrupting the lesson ..

But this time, the school principal allowed them to force everyone to take sides thru sanctions  n goody students are  not allowed to get on with their studies;  which is totally against the rules  !!.

The UN should speak up n make the US compensate the world for the ensuing inflation ..

Edited April 28, 2022 by relax33

[HappyExpat57]

22 minutes ago, relax33 said:

You have to thank the Biden govt  for starting the war n forcing everyone to cough out more for everything ...

Ordinarily when one is in a bad neighborhood school n some students start fighting when lessons are in progress, the pliant teacher will usually just get them to fight outside the class or at worse at a far corner without interrupting the lesson ..

But this time, the school principal allowed them to force everyone to take sides thru sanctions  n goody students are  not allowed to get on with their studies;  which is totally against the rules  !!.

The UN should speak up n make the US compensate the world for the ensuing inflation ..

Absolutely astounding insight! Biden started WHAT war?

[PETERTHEEATER]

Mama Mia! Oodles of noodles to cost boodles......????

[scubascuba3]

48 minutes ago, relax33 said:

You have to thank the Biden govt  for starting the war n forcing everyone to cough out more for everything ...

Ordinarily when one is in a bad neighborhood school n some students start fighting when lessons are in progress, the pliant teacher will usually just get them to fight outside the class or at worse at a far corner without interrupting the lesson ..

But this time, the school principal allowed them to force everyone to take sides thru sanctions  n goody students are  not allowed to get on with their studies;  which is totally against the rules  !!.

The UN should speak up n make the US compensate the world for the ensuing inflation ..

come on get a reality check, most sane people blame Putin, anyway it's off topic

[SoilSpoil]

7 hours ago, StayinThailand2much said:

That's a whopping 38% and 68% higher! But funny, no headlines about these price increases in Thai media yet...

That's because Mama noodles are toThailand what the Big Mac index is to many other countries. IA price increase from 6 to 7 is 16%, and that's significant. The Mama index is,  allegedly, a reflection of the overall state of the economy. Not good at all.

[new2here]

5 hours ago, Tarteso said:

A real tragedy for poor and consumers of the first and irreplaceable food in this country.

I agree.. it’s a sizable jump when expressed as a percentage, but relatively squeaking small in absolute terms… 

 

To me, it’s more to do with being a ‘signal’ that consumer inflation is now hitting even the most common items and one that’s bought by a very large percentage of the people.