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Post by Denis-NFA on Sept 20, 2018 11:05:29 GMT 7
In the Philippines, at least where I am on Cebu, we are experiencing a higher than normal rate of inflation on a lot of basic goods and foodstuffs even before the official rate was advertised.
What's it like for other folk where you are living?
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Post by ghostbuster on Sept 20, 2018 12:39:35 GMT 7
In the Philippines, at least where I am on Cebu, we are experiencing a higher than normal rate of inflation on a lot of basic goods and foodstuffs even before the official rate was advertised. What's it like for other folk where you are living? Went shopping at SM a few days ago and spam went from 130 pesos to 160 overnight. In Pampanga.
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Post by ghostbuster on Sept 20, 2018 14:15:44 GMT 7
In the Philippines, at least where I am on Cebu, we are experiencing a higher than normal rate of inflation on a lot of basic goods and foodstuffs even before the official rate was advertised. What's it like for other folk where you are living? Went shopping at SM a few days ago and spam went from 130 pesos to 160 overnight. In Pampanga. We don`t buy fruit, veges or meat at SM, we buy at wet market which is a fraction of price of big supermarkets.
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Post by nomadic on Sept 20, 2018 19:09:06 GMT 7
prices for food at local markets fluctuate all the time here. may go up 500% in one day but then back down to almost nothing. Supply and demand they all say. Seen pineapples recently for as little as 5 baht but today were 35 baht.Avocado's change all the time almost daily. Some things are same price as 20 years ago.
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Post by Denis-NFA on Sept 20, 2018 20:02:05 GMT 7
The biggest food factor happening here is the cost of rice which has gone up dramatically. Add in increases in cost of fuels, with more increases on the way, and inflation is running at 6% which is making powers that be a bit nervous. I've never been to SM ghostbuster. Heard reports from other mostly American exPats who don't seem to be able to live without it. What's it like? We used to shop at Carcar but since they built a Prince Store in Argao we rarely leave. And we're the same with wetmarket and fruit/veg market.
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Post by Denis-NFA on Sept 20, 2018 20:43:37 GMT 7
prices for food at local markets fluctuate all the time here. may go up 500% in one day but then back down to almost nothing. Supply and demand they all say. Seen pineapples recently for as little as 5 baht but today were 35 baht.Avocado's change all the time almost daily. Some things are same price as 20 years ago. gee nomadic. that's big changes in a short time. I don't think our prices change that much, apart from seasonal supply or typhoon effects, but we can generally get most things year round. But the mountains up behind have a multitude of vegie and fruit growers. Tobacco even. Price of eggs was one thing that surprised me but they are 185peso per tray of 30. I think that works out at about AUD$1.90/dozen.
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Post by itsmylife08 on Sept 20, 2018 21:15:58 GMT 7
We run a little sari-sari store truth is there is not a lot of money in it, in fact, bugger all but if we're caught short we can always get food out of it and Soft Drinks so it has its benefits. I've noticed recently that canned goods have gone up in price as have most other goods. The biggest increase recently has been fuel 53Pesos last weekend yesterday it was over 57pesos a litre a big increase in such a short space of time.
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Post by Denis-NFA on Sept 20, 2018 23:07:13 GMT 7
We run a little sari-sari store truth is there is not a lot of money in it, in fact, bugger all but if we're caught short we can always get food out of it and Soft Drinks so it has its benefits. I've noticed recently that canned goods have gone up in price as have most other goods. The biggest increase recently has been fuel 53Pesos last weekend yesterday it was over 57pesos a litre a big increase in such a short space of time. Unfortunately itsmylife08 fuel is slated to increase a couple more times. Unfortunately the Philippines is not blessed with much in the way of coal nor oil resources and while various Philippine Governments have tried their very best to keep costs down sadly import costs are forcing their hand. And all of that is feeding into delivery costs and cost of manufacture of processed goods. I'm not surprised you make 'bugger all' from the sari-sari. I don't try to follow it as such but just having been involved in various Australian business' I can see from my local area that it would be tough. All the best Denis
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Post by nomadic on Sept 21, 2018 6:49:06 GMT 7
Eggs here for 5 baht = A$0.20 each. Just had 2 Tesco lotus express super markets open within days in town of only 3,000 with 8 7/11's already. But i still shop loyally at original 9/7 as he has most things. Old style mini mart next to me for 57 baht long neck and a few other things from nicest lady in town who works 8.00 a.m. to 10. p.m. 365 with a continual flow of locals who use her but apart from beer and 10 baht for 1.5 litre water not much for me. Never buy rice so not sure on price. Just got a whole cabbage and 5 other veg for 2 days salad for A$1.50. So no complaints on cost of living here with locals on about A$100.00 a week or less and us on A$400.00.
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Post by Deleted on Sept 21, 2018 7:01:36 GMT 7
We run a little sari-sari store truth is there is not a lot of money in it, in fact, bugger all but if we're caught short we can always get food out of it and Soft Drinks so it has its benefits. I've noticed recently that canned goods have gone up in price as have most other goods. The biggest increase recently has been fuel 53Pesos last weekend yesterday it was over 57pesos a litre a big increase in such a short space of time. Where I'm currently staying does the same thing Itsa, runs a massage shop and adjacent small store. If a regular clientele of two could be lured for massage every day it would be ok. The shop on the other hand is more of a "convenience" store in the true sense of the word, for local villagers; with an average mark-up of 2-4 BAHT per item, at basically town prices. But you know, sell one million items; makes me smile every day. Cheers bear nomadic your paying through the nose for eggs mate; I buy five for sow baht.
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Post by Denis-NFA on Sept 21, 2018 12:11:37 GMT 7
nomadicI do eat rice but no where near the extent of the locals as still mainly bread and potato person. Tomatoes and bananas I eat heaps of. along with eggs, chicken, occasional pork and fish. Used to try to eat beef but gave up some years ago. Your water is dearer than what I pay but I'll have to get back to you on an exact figure.
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Post by Deleted on Sept 21, 2018 13:21:52 GMT 7
Denis-NFA nomadic is talking 7/11-Tesco prices, the water man here charges 15 baht (about 60 cents) for 20 litres of cleaned purified sealed water. Cheers bear
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Post by ghostbuster on Sept 21, 2018 15:24:28 GMT 7
The biggest food factor happening here is the cost of rice which has gone up dramatically. Add in increases in cost of fuels, with more increases on the way, and inflation is running at 6% which is making powers that be a bit nervous. I've never been to SM ghostbuster. Heard reports from other mostly American exPats who don't seem to be able to live without it. What's it like? We used to shop at Carcar but since they built a Prince Store in Argao we rarely leave. And we're the same with wetmarket and fruit/veg market. Denis SM is ok for the basics like tinned goods and coffee but we never buy meat or veges there. They have a good range of electrical products and clothes. At SM Clark many shops for eating, drinking even eye specialists. Also my favorite KFC hehe.
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Post by nomadic on Sept 21, 2018 16:31:13 GMT 7
yes denis, bear is right as locals pay about 1 baht a litre home delivered. but not 7/11 or tesco for me but local mini mart which is cheaper than them and right next door is main reason.
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Post by Denis-NFA on Sept 21, 2018 17:45:08 GMT 7
Denis-NFA nomadic is talking 7/11-Tesco prices, the water man here charges 15 baht (about 60 cents) for 20 litres of cleaned purified sealed water. Cheers bear Your right bear and as nomadic explains above it's only next door. And mind you, LOL, your 20litre at about 60 cents is cheaper than the same thing I get at about a $1.
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