Hawker food prices shot up by 6.1% in 2023, so what’s in store for 2024?

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The index measures average price changes of over 100 hawker food items from 1,700 stalls

SINGAPORE: A report from the Singapore Department of Statistics , published earlier this month, showed that the price of hawker food increased by 6.1 per cent last year, up from 5.7 per cent in 2022. 2023’s increase is the highest since 2008.

They added that higher input costs, including more expensive raw food ingredients due to supply chain disruptions caused by the pandemic and effects of the Russia/Ukraine conflict, drove up hawker food prices. The price of beverages rose the most at hawker centers from 2022 to 2023, followed by noodle-based cooked food and rice-based cooked food.

For example, the average price of char kway teow rose from S$4.18 to S$4.52, while fish ball noodles went up from S$3.77 to S$4.13.Meanwhile, for beverage prices, coffee or tea without milk went up from S$1.14 to S$1.22, and canned drinks saw an increase from S$1.59 to S$1.71 from 2022 to 2023.quotes SingStat as saying that fast food establishments saw a 7.7 per cent increase in the price of food items, while in restaurants, food prices went up by 5.9 per cent.

 

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