Phuket Economic Overview — August 2015
Source: C9 Hotelworks
Coverage: 2014 indicators and the 2015 outlook
Focus: Local economy and living costs
C9’s economic overview discusses Phuket’s cost of living, tourism-dependent economy and proposed development. Several headline indicators refer to 2014 rather than the report’s publication year.
At a glance
Phuket inflation
2014 consumer-price measure cited in the report · Source p. 1
Unemployment
Q4 2014 figure in the historical highlights · Source p. 1
Reading the report
The report attributes the rise in living costs mainly to food and non-alcoholic beverages. Its infrastructure budgets and economic outlook are historical plans and expectations.
What this means for buyers
Do not use these old inflation figures or budgets as current prices. Obtain present-day service quotations and property running costs.
Phuket Realtor editorial context; not a forecast from the report.
Greg Carlson is known for his honesty, reliability and hard work which goes into every detail of your real estate transaction at Phuket Realtor. Greg was born on the west coast, raised in Texas and practiced accounting in the United States, With over 8 years of experience in Thailand real estate, he is now a partner at one of the best independent real estate agencies in Thailand, Phuket Realtor.
