Giant, NTUC FairPrice, Sheng Siong reduce prices of eggs

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Giant, NTUC FairPrice, Sheng Siong lower prices of eggs

SINGAPORE: At least three supermarket chains have lowered their egg prices this week, with one cutting prices by as much as S$1 for a tray of 30 eggs.

The promotion is available across all FairPrice supermarket retail formats, including FairPrice Online, and is limited to two trays per customer. "This has not been easy as we, too, struggle with the rising costs of goods, labour and logistics,” he added. The spokesperson said rising commodity and supplier cost pressures, the ongoing pandemic and global conflicts have all driven up the price of eggs.This is because that supermarket does not carry Giant farm fresh eggs, the spokesperson said.

Checks by CNA showed that Sheng Siong supermarket has also cut prices for a tray of 30 fresh eggs to S$6.90, from S$7.50.Supermarkets told CNA previously the egg prices have risen across the board due to production, labour costs and freight, which have been exacerbated by the COVID-19 pandemic. The Monetary Authority of Singapore and Ministry of Trade and Industry have cautioned that core inflation is likely to pick up further in the near term, and could reach 3 per cent by the middle of the year before easing in the second half of 2022 as external inflation recedes.showed that the price of a pack of 30 Pasar fresh eggs was S$6.15 at NTUC FairPrice in February, up from S$4.75 in the same month in 2021.

 

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