Along with the removal of subsidies for cooking oil and inflation, associations are now saying that prices of meals will increase as high as 40% due to the rise in costs of ingredients.
Malaysian Muslim Restaurant Owners Association (Presma) president, Datuk Jawahar Ali Taib Khan, said food prices have increased slightly, and is expected to increase this month.
“This is beyond our control. I requested my members to maintain old prices, but they can’t sustain anymore as their overheads have increased.”
He also highlighted that it is routine for the price of raw materials to rise once or twice a year, but this year is an exception.
“Flour, condensed and evaporated milk, Milo and Nescafe prices, have increased three times. Not to mention chicken price also increased many times,” Datuk Jawahar Ali said, adding that Presma members will try to keep the increase to RM0.10 or RM0.20.
Ultimately it is the public who will…