Strong Baht/Exports More Expensive =

[ESB7]

With the Baht so stong and Sterling $ etc loosing so much value, wouldnt it make sense that imported goods, e.g. cheese, baked beans, cider etc etc should be 30-40% cheaper than a18 months ago.........yet I see the prices are the same, who is making all this extra profit?

[tropo]

Even if imports are cheaper, why should they pass them on to you? I can't see any reason to reduce the prices unless a competitor made it necessary.

You must also reaslise that many imports come from the US, Australia and New Zealand. The latter two's currencies have been getting stronger over the past 18 months.

[Ricardo]

I predict down at the Customs Department !

[dumball]

'tropo' timestamp='1283571345' post='3860477']

Even if imports are cheaper, why should they pass them on to you? I can't see any reason to reduce the prices unless a competitor made it necessary.

You must also reaslise that many imports come from the US, Australia and New Zealand. The latter two's currencies have been getting stronger over the past 18 months.

All I rember is that once prices go up , they rarely go down , even if it would increase customer flow , that 'Extra' profit they make would more than likely increase from greater turnover of stock , money is made by turning money over quickly as apposed to gouging for an extra satang per item , that is why some companies buy in bulk .

[tropo]

All I rember is that once prices go up , they rarely go down , even if it would increase customer flow , that 'Extra' profit they make would more than likely increase from greater turnover of stock , money is made by turning money over quickly as apposed to gouging for an extra satang per item , that is why some companies buy in bulk .

Imported items in supermarkets are luxury items. A few baht reduction on a few items here and there won't make any difference to flow. If the flow is too low on certain items they won't restock them.

[473geo]

post deleted got numbers wrong - I think!!