A new year means another new high for coffee shop drink prices in Singapore

A new year means another new high for coffee shop drink prices in Singapore

Stomp contributor Terence laments the annual increase in prices for coffee and tea at coffee shops for the past few years.

He has noticed a price increase of 10 cents for a cup of tea at a coffee shop near the Lion Industrial Building from last year and notes the same trend for previous years.

The Stomp contributor wrote:

"You may have seen for yourself that prices for coffee and tea have been increasing by 10 cents from year to year for the past few years.

"Fruits have also been priced exorbitantly high aside from drinks at coffee shops.

"It occurs to me that there may be a syndicate that manipulates and coordinates prices behind the scenes.

"Will Singaporeans have to pay the price of a cup of Starbucks gourmet coffee for a glass of kopi at any coffee shop in the future?


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