Singapore Lunar New Year dinner prices set to rise by at least 10%

Channel NewsAsia 18 Jan 08;

SINGAPORE: Be prepared to dig a little deeper into your pockets this Lunar New Year.

Prices for restaurant dinners are set to rise by at least 10 per cent.

Seafood, eggs and duck meat are just some of the food items whose prices have increased by at least a fifth.

And though restaurants have tried to absorb the increase, they said customers should still expect to pay a little more.

The price of the suckling pig has seen the sharpest increase, which has more than doubled, from S$30 to S$80.

Restaurants said this is due to a shortage of supply from China.

Despite the price increases, restaurants said demand has not fallen. Some are already fully booked for the reunion dinner night. - CNA/vm