What’s Behind Recent Food Price Increases?
We regret to inform you that prices for meals at local restaurants including Lotus have increased recently. You may have noticed these recent price increases to our meals and food products. Even our All-You-Can-Eat Buffet price has increased.
Prices are skyrocketing due to a variety of factors which include:
- import costs
- container prices
- ingredient prices
- logistical bottlenecks
Some of the specific food items that have recently experienced significant price increases are:
- Rice
- Beer
- Oil
- Milk
According to 13 Wham and CNBC consumer price index rose 6.2% across the US, which is by far the highest inflation rate since 1990.
Thank You for your continuous support and understanding.
