More than 98 percent of consumers said they are feeling the bite of food price hikes, according to the results of a survey released by group purchasing Web site ihergo on Monday.
Of the 644 respondents who provided valid responses to last month’s survey, 98.8 percent said their spending on food and beverages had gone up, ihergo said.
Food prices have been on the rise in Taiwan, in part a reflection of new work rules implemented in December last year that gave employers less flexibility to arrange work schedules and added to labor costs.
Asked which vendors had hiked their prices the most, 33.5 percent said night market stalls and noodle or boxed lunch restaurants.
Another 31.7 percent said bakeries had implemented the biggest price increases, while 16.5 percent said upmarket restaurants were the biggest culprits and 10.1 said beverages, ihergo said.
In terms of respondents’ daily spending on food, 42.2 percent said they spent between NT$200 and NT$300 per day, 28.4 percent said they spent less than NT$200 per day and 17.2 percent said they spent between NT$300 and NT$400 per day, the survey found.
Asked what they would be willing to forgo to limit their expenditure, 50 percent of respondents said they would be willing to skip snacking at night which they thought was unnecessary, but 14.1 percent said they would find it difficult to give up coffee or other drinks, ihergo said.
In the first quarter, Qiaoda Sea Foods, Mei & Mei Foods and K&K Foods, all of which supply ingredients, posted the largest growths in sales on its Web site, ihergo said, adding that the figures show that more consumers are now cooking at home to save money.
Consumers with monthly incomes of between NT$30,000 and NT$35,000 were the fastest growing segment on its Web site, followed by those earning monthly incomes of between NT$35,000 and NT$40,000, ihergo said.
Taiwan is to have nine extended holidays next year, led by a nine-day Lunar New Year break, the Cabinet announced yesterday. The nine-day Lunar New Year holiday next year matches the length of this year’s holiday, which featured six extended holidays. The increase in extended holidays is due to the Act on the Implementation of Commemorative and Festival Holidays (紀念日及節日實施條例), which was passed early last month with support from the opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party. Under the new act, the day before Lunar New Year’s Eve is also a national holiday, and Labor Day would no longer be limited
COMMITMENTS: The company had a relatively low renewable ratio at 56 percent and did not have any goal to achieve 100 percent renewable energy, the report said Pegatron Corp ranked the lowest among five major final assembly suppliers in progressing toward Apple Inc’s commitment to be 100 percent carbon neutral by 2030, a Greenpeace East Asia report said yesterday. While Apple has set the goal of using 100 percent renewable energy across its entire business, supply chain and product lifecycle by 2030, carbon emissions from electronics manufacturing are rising globally due to increased energy consumption, it said. Given that carbon emissions from its supply chain accounted for more than half of its total emissions last year, Greenpeace East Asia evaluated the green transition performance of Apple’s five largest final
Taiwan is to extend its visa-waiver program for Philippine passport holders for another year, starting on Aug. 1, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said on Friday. Lin made the announcement during a reception in Taipei marking the 127th anniversary of Philippine independence and the 50th anniversary of the establishment of the Manila Economic and Cultural Office (MECO) in Taiwan, the Ministry of Foreign Affairs said. The decision reflected Taiwan’s commitment to deepening exchanges with the Philippines, the statement cited Lin as saying, adding that it was a key partner under the New Southbound Policy launched in 2016. Lin also expressed hope
Temperatures in New Taipei City’s Sindian District (新店) climbed past 37°C yesterday, as the Central Weather Administration (CWA) issued heat alerts for 16 municipalities, warning the public of intense heat expected across Taiwan. The hottest location in Taiwan was in Sindian, where the mercury reached 37.5°C at about 2pm, according to CWA data. Taipei’s Shilin District (士林) recorded a temperature of 37.4°C at noon, Taitung County’s Jinfeng Township (金峰) at 12:50 pm logged a temperature of 37.4°C and Miaoli County’s Toufen Township (頭份) reached 36.7°C at 11:40am, the CWA said. The weather agency yesterday issued a yellow level information notice for Taipei, New
RSS