Prices of ready-to-eat Thai menus will be allowed to go up

[wandasloan]

So the government is going to finally admit that inflation occurred under their administration;

The permanent secretary is not part of the government. The government plays no part in the price of fast food. In fact, the government long ago refused to set such prices. The bureaucracy, the civil service "suggests" fast-food prices, without any authority, exactly because the government decided, specifically, to let the market prevail.

.

[klauskunkel]

Meanwhile, director-general of the Internal Trade Department Mr Somchart Soithong said his department is poised to raise recommended prices of 10 popular dishes by 5-10 baht a dish as the ongoing drought has heightened prices of cooking gas, meats and vegetables.

...and, once the rainy season starts, we will raise it again because of flooding...

[Old Man River]

Interesting that now consumers are going to see a 12 - 25% rise in the cost of basic ready meals at the food court. Lets just hope those figures are not indicative of the overall level of inflation

Their slow. Our office building's food court already raised prices by this much a few month's ago. They said food costs have been going up.

[bkkjames]

my mrs had this on her fb page from a thai newspaper but the info is in English...

Edited April 3, 2014 by bkkjames

[worgeordie]

So the price of a gas bottle goes up 50bht, and they add

5-10 bht on a meal, you can cook a lot of meals on one

bottle gas, plus they also make the meals smaller,you

are going to have to buy 2 to be satisfied.

Price of bread went up 3 bht yesterday,thats about 8%

rise, what rate does government quote ,2% inflation,or

is that growth,both blatant lies

regards Worgeordie

[ppmacready]

Quote: The 10 popular dishes are currently sold at 25-30 baht a dish.

Here in Pattaya the cheapest dishes cost already 40 Baht and this started 1 year ago.

Why politicians all over the world are lying all the time?

Its a required requisite of the job!

[sirchai]

So how about some empathy for the poor thai's operating those food stalls.

How about some empathy for those poor Thai's only receiving the minimum wage, or worse still not even getting that.

Totster

Not just for them. A liter of Diesel oil 13 years go was around ten baht/liter. A kg of pork around 25 baht. It's not just a problem for Thais, as it's also affecting foreigners with Thai families.

Nowadays, we think twice it we eat out, living on a teacher's salary.

[metisdead]

Posts containing overly derogatory generalizations toward Thais have been removed.

[ggt]

The 10 popular dishes are currently sold at 25-30 baht a dish. Big Fuggin Deal!

These same dishes...at a restaurant catering to foreigners...will be considerably more costly...

[swissie]

So the price of a gas bottle goes up 50bht, and they add

5-10 bht on a meal, you can cook a lot of meals on one

bottle gas, plus they also make the meals smaller,you

are going to have to buy 2 to be satisfied.

Price of bread went up 3 bht yesterday,thats about 8%

rise, what rate does government quote ,2% inflation,or

is that growth,both blatant lies

regards Worgeordie

Price increases must be in the neighborhood of 10 % per year.

I am confident, that the "official" inflation-rate will still come out between 2-3 %.

Cheers.

[Bangmod]

Why would the government be involved in price fixing anyway, I think that a good lawyer could even bring down a whole government on this issue.

Only a vendor should be able to set his price, for a meal, then it's up to the consumers if they buy it or not.

This looks like a fixing-scheme to me....

[Bangmod]

my mrs had this on her fb page from a thai newspaper but the info is in English...

Bit crazy to compair, we all know that foreign imported products in Thailand are high on taxes, and to list michelin tyres, Nike shoes, Hilton Hotel and Samsung S4 in this list seems more like wanting to put the Thais down than a real independent finding.

Only Thaksin, and cronies have needs for these products

Let them compare the prices of Yabaa, heroine, beer, and prostitutes with that from NY city and the list is worthless....

[3NUMBAS]

farangs have been paying the higher price for years so what will their increase be ? add on some more

[focus27]

So the price of a gas bottle goes up 50bht, and they add

5-10 bht on a meal, you can cook a lot of meals on one

bottle gas, plus they also make the meals smaller,you

are going to have to buy 2 to be satisfied.

Price of bread went up 3 bht yesterday,thats about 8%

rise, what rate does government quote ,2% inflation,or

is that growth,both blatant lies

regards Worgeordie

Price increases must be in the neighborhood of 10 % per year.

I am confident, that the "official" inflation-rate will still come out between 2-3 %.

Cheers.

Indeed, everyone's own personal inflation rate depends on their lifestyle, and even the official figures cannot hide what is really going on.

Have a look at this MOC page: http://www.indexpr.moc.go.th/price_present/cpi/data/index_47_e.asp?list_month=03&list_year=2557&list_region=country

All the indices were rebased to 100 as the average of 2011 - this means the numbers in the very first column, March 2014, show percentage changes in the last 2 years and 3 months.

Food has increased on average about 11%, raw food about 13%, so that retail and wholesale are more or less in line - even tobacco and booze have gone up about the same. However, energy has gone up 15% and fuel and utilities up the most at over 22%. Yes, this is over a period of slightly over 2 years, but the above perception of price increases of about 10% per year is not far off.

So, apart from the minimum wage hike, inflation is being imported through higher energy costs - those pesky foreigners again!

So how can the official headline inflation figures always seem to be so low? Well, housing, clothing, public transport and mobile phones have seen little price increases... and make up about 50% of the index! Smart, perhaps, but obvious.

[mrtoad]

Well this will hit the people that PTP claim to be the champions of the hardest.