Guest ffffffff Posted May 29, 2022 Share Posted May 29, 2022 Places like Uniqlo, H&M, Cotton On, prices are higher, fewer sale items. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 29, 2022 Share Posted May 29, 2022 On 5/29/2022 at 4:16 PM, Guest ffffffff said: Places like Uniqlo, H&M, Cotton On, prices are higher, fewer sale items. Notice Uniqlo now fewer sale items, sometimes even none. Price still the same, no higher. Anyone know why no sale items now? Quote Link to comment Share on other sites More sharing options...
Guest Derry Boy Posted May 29, 2022 Share Posted May 29, 2022 On 5/29/2022 at 9:01 PM, Guest guest said: Notice Uniqlo now fewer sale items, sometimes even none. Price still the same, no higher. Anyone know why no sale items now? Increase in rent and GST? Quote Link to comment Share on other sites More sharing options...
InBangkok Posted May 30, 2022 Share Posted May 30, 2022 The world is facing high inflation like we have not seen for decades. Unfortunately it is likely to get worse before it gets better. Many more things are going to become more expensive. The effect of so many people now spending after two years of reduced spending during the covid pandemic, production problems in China due to the closures of so many cities, the war in Ukraine (the breadbasket of the world) and severe pressure on the world's container shipping fleet as it tries to ship goods to meet increased demand - these are just some of the reasons. Quote Link to comment Share on other sites More sharing options...
Guest Correct Posted May 30, 2022 Share Posted May 30, 2022 On 5/30/2022 at 10:27 AM, InBangkok said: The world is facing high inflation like we have not seen for decades. Unfortunately it is likely to get worse before it gets better. Many more things are going to become more expensive. The effect of so many people now spending after two years of reduced spending during the covid pandemic, production problems in China due to the closures of so many cities, the war in Ukraine (the breadbasket of the world) and severe pressure on the world's container shipping fleet as it tries to ship goods to meet increased demand - these are just some of the reasons. exactly - rent and GST increases in Singapore are not going to make massive (if any) difference to pricing of fast fashion at global retailers selling in Singapore. Their cost increases are driven from supply side: energy, logistics, etc Quote Link to comment Share on other sites More sharing options...
Steve5380 Posted May 30, 2022 Share Posted May 30, 2022 And here in America the prices of everything are rising. There are some logical causes for this. But besides the justified increases, with justified amounts, there are many that come from people taking advantage of inflation and making unreasonable price raises. For example, many modest people see their rents increase by 30%, 50% and higher amounts fueled also by a shortage of housing. Some foods have risen by 30%, and... baby formula (!), not to mention it. All this while the average inflation is less than 10%. Quote Link to comment Share on other sites More sharing options...
Guest ffffffff Posted May 30, 2022 Share Posted May 30, 2022 Managed to buy some cheap items at NTUC today. Hopefully not all is lost. Quote Link to comment Share on other sites More sharing options...
Steve5380 Posted May 30, 2022 Share Posted May 30, 2022 On 5/30/2022 at 7:45 AM, Guest ffffffff said: Managed to buy some cheap items at NTUC today. Hopefully not all is lost. I can also still buy cheaply some 1 lb. packages of lentils at 99 cents, and bundles of kale and collard greens also at 99 cents. This food is not so fashionable. But prices of meat have skyrocketed. I'm glad that I don't have any carnivorous at home to feed. AND I am glad that I don't have any newborns who need baby formula. Quote Link to comment Share on other sites More sharing options...
Guest ffffffff Posted May 30, 2022 Share Posted May 30, 2022 On 5/30/2022 at 10:35 PM, Steve5380 said: I can also still buy cheaply some 1 lb. packages of lentils at 99 cents, and bundles of kale and collard greens also at 99 cents. This food is not so fashionable. But prices of meat have skyrocketed. I'm glad that I don't have any carnivorous at home to feed. AND I am glad that I don't have any newborns who need baby formula. Tell me about it. Pre COVID days, Singaporeans would cross the border to neighboring Malaysia to buy milk powder. And save a bundle. Probably with travels uncurtailed, people are back to jb. Quote Link to comment Share on other sites More sharing options...
InBangkok Posted May 31, 2022 Share Posted May 31, 2022 Occasionally we like to have croissants at breakfast. Going to our normal supplier yesterday, I was shocked to discover that the price has risen from 49 baht each to 59 baht. Checking also in a delicatessen in the centre of the city, their cost has risen by more than 25%. We will no longer buy them. The younger generation will have to get used to most prices going up a lot more than in the past and it will definitely be a shock. Since the world financial disasters of 2008, inflation in most countries has been in the region of just 1%-2%. Now it is predicted to rise to double figures that we have not seen since the 1970s and 1980s. Doing some simple research, annual inflation in the UK averaged 13% during the 1970s. In 1975 alone it was 25%. This was largely a result primarily of the world's oil producers quadrupling the price of oil at the start of the decade. The arrival of the Reagan administration in the early 1980s resulted in the adoption of a strict monetary policy to try and tame inflation. At that time, I remember going to banks and getting short term certificates of deposits in Swiss francs with an annual interest rate of 13.5%! Reagan's policy worked, but only towards the end of his 8 years in power when the rate had dropped to nearer 5%. If you need to purchase consumer durable goods like washing machines, it might be a good idea to get them now before prices really start to rise. Quote Link to comment Share on other sites More sharing options...
Guest Derelick Posted May 31, 2022 Share Posted May 31, 2022 On 5/29/2022 at 4:16 PM, Guest ffffffff said: Places like Uniqlo, H&M, Cotton On, prices are higher, fewer sale items. You should only shop in Club 21 or equivalent. Those you mentioned are not considered fashion. They are just cloths to cover the body. Quote Link to comment Share on other sites More sharing options...
Guest Lick Me Derelick Posted May 31, 2022 Share Posted May 31, 2022 On 5/31/2022 at 11:52 AM, Guest Derelick said: You should only shop in Club 21 or equivalent. Those you mentioned are not considered fashion. They are just cloths to cover the body. Club 21 and designer clothes are so 80s. Now isn't about ostentation. But Uniqlo and H&M has worked with fashion designers. Jil Sander, JW Anderson etc Quote Link to comment Share on other sites More sharing options...
Guest ffffffff Posted May 31, 2022 Share Posted May 31, 2022 Even like long ago, imported brands lie Esprit are quite expensive in Bangkok. We only shop for the local stuff. Quote Link to comment Share on other sites More sharing options...
Guest Salary no up Posted May 31, 2022 Share Posted May 31, 2022 On 5/29/2022 at 4:16 PM, Guest ffffffff said: Places like Uniqlo, H&M, Cotton On, prices are higher, fewer sale items. Now everything also not cheap. I simple bowl of plain noodle already $4 minimum for the smallest portion. Quote Link to comment Share on other sites More sharing options...
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