a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency
After spending a month overseas, I came back and felt that food prices in sg have risen quite a fair bit.
Food court prices have increased from around $3.50-4.50 to $5 to 10. Hopefully this increase will stabilize the shortage of manpower in the f&b industry.
Not only that, I also noticed that a lot more small restaurants (aka cafes) like Bakezin / Wee Nam Kee are beginning to charge iced water by cup in the range of 30-50cents. I personally think this is not the way to go in term of business.
When planning pricing of the products, f&b should consider factoring such cost into the food product to create a pleasant environment for its customers. This way of business, the waitresses are reluctant to bring water to the table. They have to 'double confirm' how many glass of water the customer 'want to pay'. I think mainly because it is not a culture to charge for water. It made the dining experience very focus on 'are you willing to pay before I bring you the item'!
In Tokyo, most restaurants provide free flow of water. Cost of a bowl ramen or a curry katsu don is slightly more expensive than sg. The overall dining experience is more pleasant than in sg. The same goes for United States.
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