, Singapore

A bad taste in the mouth: Hawker food prices jumped 20% since 2012, reveals new study

Can average consumers still afford it?

Singapore is known for its excellent and affordable food, but a survey released today by the Consumers Association of Singapore revealed that hawker food prices have increased by 10-20% for most food items since 2012.

The survey was conducted in July 2014 and covered 503 hawker food stalls selling five common food items--Chicken Nasi Briyani, Chicken Rice, Fishball Noodles, Roti Prata and Mixed Vegetables Rice.

Compared with the previous price survey conducted in December 2012, the mode prices have increased by 10 cents to 50 cents for all dishes except Fishball Noodles.

The survey also found that the percentage of hawkers selling food below the mode price has decreased. Most of the hawkers have moved to sell their food at higher mode prices over the past two years. 

"Nonetheless, we believe that hawker food prices are generally affordable to the average consumer because there are still substantial numbers of stalls selling hawker food below the most common price," noted the report.  

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.
The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.
If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

Manulife IM Malaysia launches Singapore equity fund
The fund gives Malaysian investors exposure to Singapore equities amid market reforms aimed at improving liquidity.
New home sales slump 71.1% in May on fewer launches
Hudson Place Residences was the sole new launch during the month, selling 209 units.
Singapore’s approach is to keep what works, change what does not: PM Wong
The prime minister said cities must stay pragmatic, adaptive, and open to cooperation amid global uncertainty.
Economy