Chief Executive Carrie Lam is demanding supermarkets cut prices. Photo: Sam Tsang Chief Executive Carrie Lam is demanding supermarkets cut prices. Photo: Sam Tsang
Chief Executive Carrie Lam is demanding supermarkets cut prices. Photo: Sam Tsang
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

Hong Kong’s food price inflation may have only just begun

  • Price rises aren’t wholly the fault of supermarkets. Covid-19 has created problems with shipping that are only now being felt by the consumer
  • Coupled with crop shortages and natural disasters, this suggests things are about to get expensive for all Asian food importers, from Japan to Singapore

Chief Executive Carrie Lam is demanding supermarkets cut prices. Photo: Sam Tsang Chief Executive Carrie Lam is demanding supermarkets cut prices. Photo: Sam Tsang
Chief Executive Carrie Lam is demanding supermarkets cut prices. Photo: Sam Tsang
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Neil Newman

Neil Newman

Neil Newman is a thematic portfolio strategist focused on pan-Asian equity markets. Experienced in the major global financial centres of Tokyo, London and New York, he is a regular commentator on commercial investment strategies that suit constantly changing investor trends. He is a long-term resident of Hong Kong.