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Inflation data - Thailand is doing well


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Asia (incl. Thailand) seems to be an inflation safe haven right now...

 

Statista-Woldwide-Inflation1.jpg

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Just one thing inflationary for me diesel and petrol and some shopping food stuff up a bit according to the Mrs. 

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Posted (edited)

Inflation here on the ground is out of control. I really pity the low income / poor Thais here trying to make ends meet. Basic fresh meat, vegetables, eggs, electricity etc were always very stable. Now increasing 5-10% a month thanks to a monopoly...and wages aren't increasing. Utter BS x 1000

Edited by Kenny202
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8 hours ago, Reposed said:

The US under 10%?

 

Yeah, right.

 

Pure BS.

Fair enough 😄

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When was the last time Thai government announced figures, about anything, that were believable?

 

I visit Big C almost daily, and always around the same time, so when I see that in the last week of the month the number of customers is an estimated 20% of that at the beginning of the month, then I know people are struggling.

 

Foreigners often buy full trolleys, so they shop maybe once every fortnight, but the majority of customers are Thai, and I don't see them buy more than a day's supply.

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I patronise the local Big C : cooking oil up by 50%, Pasta,12%, Large peppers, a whopping 30%. and many others. In the fresh market : onions up by 20%, tomatoes , 15%, Lettuce from 20 baht to 30. Estimated total inflation 10 to 15%.

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