Tuesday, January 27, 2009

Unjustified Jump in Food Prices during Chinese New Year Season

I was completely stumped on Chinese New Year's Eve when I paid for my lunch. I bought economical rice from a stall I hardly visit because the food aren't as nice as tne one I usually frequent. Many stalls were closed for business that day.

I understand and expect food vendors to raise food prices during the Chinese New Year period, however, the economical rice stall decision to increase by $1 is just ridiculous. A $2.60 pack of rice would cost $3.60. I asked them to justify for the more than expected increase and the answer I got was "Chinese New Year".

Chinese New Year is suppose to be an occasion whereby many celebrate. Now, food vendors simply take advantage of this joyous occasion and increase prices to increase profit margin.

If the reason for an increase is boss having to pay extras to workers to work during this period, I understand. But, any increases should be moderated. An increase of 38% for a plate of economical rice is certainly too much.

To add on, I feel a notice of an increase in prices must be clearly displayed to consumers. As for my case, I only knew it when I questioned why the $3.60.

I certainly feel this is unethical and unfair to consumers.

Blog Archive