webfact Posted October 5, 2023 Share Posted October 5, 2023 Thailand’s Inflation rate for September has fallen to 0.30%, from 0.88% in August, and inflation for the whole year is expected to be 1.35%, thanks to energy and food price reductions. According to Poonpong Naiyanapakorn, director of the Office of Trade Policy and Strategy of the Commerce Ministry, the prices of numerous food items and non-alcoholic drinks fell in September, for the first time in 23 months, by about 0.10%, particularly the prices of pork and vegetables due to increased supplies. The prices of non-food and drink items, however, were up by 0.59%. Compared to the prices of 430 food items and services in September last year, about 300 food items have increased this year, among them eggs, rice and sticky rice. Full story: Thai PBS 2023-10-06 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 1 Link to comment Share on other sites More sharing options...
aqua4 Posted October 5, 2023 Share Posted October 5, 2023 the whole year is expected to be 1.35% Lays potato chips went from 20 Baht to 22 Baht to 24 Baht. Food went from 40 Baht to 50 Baht. 1 Link to comment Share on other sites More sharing options...
hotchilli Posted October 5, 2023 Share Posted October 5, 2023 Funny how my daily consumable necessity supply run is still going up? 2 Link to comment Share on other sites More sharing options...
RichardColeman Posted October 6, 2023 Share Posted October 6, 2023 4 hours ago, webfact said: the prices of numerous food items and non-alcoholic drinks fell in September, for the first time in 23 months, by about 0.10%, WHOA !!!! Link to comment Share on other sites More sharing options...
Popular Post koolkarl Posted October 6, 2023 Popular Post Share Posted October 6, 2023 If you believe this figure, then you like believe in the tooth fairy. Inflation is more like 10% per annum here for years. Thai interest are so low that the baht should be 100 to the dollar. All manipulated. 4 Link to comment Share on other sites More sharing options...
Karma80 Posted October 6, 2023 Share Posted October 6, 2023 Anyone living in Thailand can tell you that's selectively fabricated. I wonder how the impact of 10,000 THB to every citizen is going to play out on inflation - my bet is more creative accounting. 1 Link to comment Share on other sites More sharing options...
Popular Post bamnutsak Posted October 6, 2023 Popular Post Share Posted October 6, 2023 Yes, but... Cherry-picking of certain food items and implying that those represent a trend in inflation is, well, deceitful. Some of the items in the "basket" are currently being subsidized, at great cost. Electricity and diesel fuel are just two examples. https://www.nationthailand.com/thailand/policies/40028904 And more price controls are in place this month. https://thethaiger.com/news/business/nationwide-price-cuts-on-150000-products-and-services-boost-uk-economy 3 Link to comment Share on other sites More sharing options...
retarius Posted October 6, 2023 Share Posted October 6, 2023 Lies, simply lies. 1 Link to comment Share on other sites More sharing options...
StayinThailand2much Posted October 6, 2023 Share Posted October 6, 2023 So, if such numbers were accurate, shouldn't they worry about deflation? Link to comment Share on other sites More sharing options...
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