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 SurrenderIf 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.
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Patong Assault on Tourist: Tout Expected to Surrender
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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.