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10% INCREASE IN MY FAVORITE LOR MEE PRICE!

Dear readers, this morning, I went to have my favourite Lor Mee in a Bedok hawker centre and was surprised to find that the price of the Lor Mee has increased from $5 to $5.50 or a 10% increase!

I was surprised as $5 for the Lor Mee that I was used to ordering already seemed reasonable: the Lor Mee came with 8 crispy fish pieces for the $5 set.

I did not think much as I ordered the newly $5.50 Lor Mee to satisfy my craving: any analysis of the price increase can be settled later.

After I have filled my belly and started my musing over the new price: I realised that a mere 50 cents may seem not much but it represents a 10% increase from the original price!

If the stall has to increase cost, I hope the 50 cents increase was done with much analysis, rather than a method of convenience as every cent counts to all consumers in these days of increased costs.

I decided to stop visiting the Lor Mee stall as $5.50 for the Lor Mee has already crossed my threshold for this meal at a hawker centre!

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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