Tourism News

Tourism News Phuketwan Tourism News
facebook recommendations

NEWS ALERTS

Sign up now for our News Alert emails and the latest breaking news plus new features.

Click to subscribe

Existing subscribers can unsubscribe here

RSS FEEDS

Phuket prices are set to go higher as inflationary pressures grow

Phuket Prices Shoot Sky-High Amid Flow-On from Bangkok Floods

Monday, October 24, 2011
PHUKET: Phuket has no floods but there are shortages in supermarkets and huge increases in the prices of vegetables are already evident at the Phuket City wholesale market.

If the besieged Pheu Thai government goes ahead with its commitment to the 300 baht minimum daily wage on Phuket and in six other provinces from April 1, there's a huge spurt in inflation on the way.

Vegetables are reckoned to have doubled in price in the past two weeks - if they can be found on sale.

Basic items such as bottled water and rice are disappearing from shelves on Phuket quickly, where they are available.

Sellers at the Phuket City market today said that string beans that cost 30 baht a kilo were now on sale at 60 baht a kilo. Thai broccoli that was available at 80 baht a kilo was now fetching 170 baht a kilo.

Transport costs have risen as well, so the higher prices are being passed on to Phuket consumers.

As one market vendor said, Phuket people still had much to be grateful for, and the island has a so far prosperous-seeming high season to look forward to while large parts of Thailand and Bangkok are burdened with heavy flooding.

Long term, though, the dramatic shortages and the accompanying rises in prices can only make for a difficult period for the country's economy.
Patong Assault on Tourist: Tout Expected to Surrender
Latest Police in Patong expect the man who hit a tourist with a golf club to surrender to officers soon. The Italian tourist is recovering and likely to be interviewed by police.
Patong Assault on Tourist: Tout Expected to Surrender

Phuket Grandfather Dies in Surf at Karon Beach
Latest A man has died in the surf off Phuket's Karon beach, the first death at any of Phuket's popular west coast beaches in more than two months. He was with his young grandson.
Phuket Grandfather Dies in Surf at Karon Beach

Amid Bangkok's Turmoil, Phuket Deserves Consideration for Thailand's Future
News Analysis A government planning the best for its country needs to prevent it becoming city-centric. Thailand has just one big city. It's time to spread the load.
Amid Bangkok's Turmoil, Phuket Deserves Consideration for Thailand's Future

Bangkok Floods Leave the Truth Gurgling and Going Under
News Analysis Mass movements are taking place this holiday weekend as thousands quit Bangkok and its floods, washed out of work. The truth is sinking, too, in the political swampland.
Bangkok Floods Leave the Truth Gurgling and Going Under

Phuket Resort Group Reassures Tourists About Thailand Floods
Latest A prominent luxury resort brand in Thailand has issued a reassuring statement designed to quell concerns that the floods pose a threat to tourism
Phuket Resort Group Reassures Tourists About Thailand Floods

Comments

Comments have been disabled for this article.

gravatar

A prosperous high season, really? All I'm seeing at the moment is Russians by the Aeroflotload and they don't have money to spend. It's going to be a terrible high season, but at least Phuket may benefit from people changing their holiday plans away from Bangkok... But if Suvarnabhumi closes as well as Don Muang, which looks likely, and could be closed for months, this season is already virtually finished. Dozens of hotels will be going bust.

Posted by Simon on October 24, 2011 22:25

Editor Comment:

Simon, it's probably not a good time to say ''glass half full'' but the flood levels have some way to go before tourism is seriously affected. Doom-saying is not wise.

gravatar

congratulations to your picture editor for a great picture of some vegetables!!

Posted by another steve on October 25, 2011 17:06


Friday December 27, 2024
Horizon Karon Beach Resort & Spa

FOLLOW PHUKETWAN

Facebook Twitter