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How has the rising cost of living affected prices?

生活费大涨，影响了物价
25 May 2009

How has the rising cost of living affected prices?

Reported by: Yoko

Consumers grumbling about the rising cost of living may be elated to know that the a cup of coffee or tea at most neighbourhood coffee shops have remained the same since February.

Figures from the Consumers Association of Singapore (Case), which released its second beverage price survey yesterday, show that the average price of a local coffee or tea with milk cost 80 cents while a can of Coke or Pepsi cost around $1.20.

Apart from having 151 drink stalls' responses, the second survey not only tracked the prices of a tea and coffee when compared to the first survey. It also tracked the prices of canned drinks like Pepsi, Coke and soya bean milk.

Case found that since February, fewer than 10 per cent of stalls- or eight vendors- had upped their prices for tea and coffee. Some 4 other stalls even lowered their prices by that amount.

Generally, the most expensive canned drinks were 100plus, H20 and Aisina China Apple Drink. They each had a mean price of over $1.20.

Other than prices, Case's survey also checked whether stall vendors displayed the prices of their drinks clearly. Sadly, more than half of them did not. 72 stalls did not display any sort of prices at all. While 18 others only displayed prices for kopi and teh.

And what's more, among those who displayed prices, 2 stalls charged 10 to 20 cents more than what was advertised.

Mr Chen Rong Hua, who owns two coffee shops in the east, said that many coffee shops do not display prices because "many customers are regulars and know how much their favourite beverage cost". Also, because more than 10 brands of beverages are sold, it would be very "untidy", he said.

In contrary, Mr Hong Poh Chin. the first vice-chairman of the Foochow Coffee Restaurant & Bar Merchants Association disagreed, saying that it was a matter of being fair to consumers, "so that at least they can choose whether they want to pay those prices".

The Foochow Coffee restaurant & Bar Merchants Association which represents 400 coffee shops owners, who are usually drink stalls operators, encourages its members to be upfront about their prices, Mr Chen added.

Another fact known through Case's survey was that air-conditioned foodcourts charge you up to 60 per cent more for drinks when compared to non air-conditioned foodcourts.

For the thrifty, the cheapest drinks in town are at the Kim Seng Coffee Stall, said case. A cup of coffee or tea at the stall only goes at 60 cents. While a canned drink starts at 90 cents. Now, that's what I call a bargain.

Dear readers, the editorial had made some errors in the above report and we are sorry for the inconvenience caused.

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TPW Editoial Dept. 报道/编辑部 3:39 PM