Raw material and energy prices to continue rising till year end: expert (2021/11/24)
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  • 英文 English 
    Raw material and energy prices to continue rising till year end: expert (2021/11/24)

    Inflation has been the order of the day lately. After several chain restaurants announced price hikes on their menus, hardware prices are also on the rise. Prices of pots and pans made of stainless steel have gone up by 10%, and porcelain ware has increased by 30% to 40%. But the highest spike in price is found in silicone, which is mostly used as a sealant. You now have to pay nearly double for it. Let’s hear from an expert.

    Darson Chiu
    TIER researcher
    The prices of raw materials continue to rise, and the price of energy is also rising. We know that all economic activities require energy, so the current situation will likely continue until the end of the year.

    Everything from food, to everyday goods, to energy for transportation have been on the rise lately. Experts say the spike will likely flatten in the first quarter of next year.

    中文 Chinese  
    通膨引爆? 繼連鎖餐飲漲價後 五金產品喊漲


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