Fortunately for me, I can handle the increases, as I believe most reading this board can do, but I'll be damned if I know how minimum wage Thais are managing to do it.
I asked Jai (my much smarter better half) the same question. He said most Thais are now changing the types of food they buy avoiding the high price spikes - tend to be growing more in their gardens now - and sometimes are forced to eat less. There used to be 3 pork stalls at our local market - and now there is only 1 because the prices went up so much. Grilled chicken is selling like hot cakes.
On another note: Americans drawing Social Security received a fabulous 5.9% COLA this year, and according the financial guru's in the U.S. the next increase (Jan 2023) will be the same or possibly even more due to inflation not improving. That will certainly offset the increase in pork.
On another note: Americans drawing Social Security received a fabulous 5.9% COLA this year, and according the financial guru's in the U.S. the next increase (Jan 2023) will be the same or possibly even more
Sadly for me the UK pound appears to be weaker against the Baht, so no benefit for us at all. 42.7 Baht to the pound today. I really long for the 56 Baht to the pound that I got before the vote to leave the EU.