It means, raising prices due to GST hike, BEFORE the announcement of the GST hike. The businesses seem to be rather confident the government is going ahead with the hike, and many raised their prices at the start of 2007.
Macdonald’s breakfast upped 30 cents from $5 and $5.30. A fish-filet meal now costs $5.30, and Big Breakfast $5.60. Ya Kun stuck a statement beside its cashier, added 20 cents to its menu, and pushed its Set A to $3.90. Even my Kosong Prata went from 50cent to 60cents, effectively a 20% increase.
I know its hard to sell prata at 51cents each; I just hope it won’t become 70 cents after the Budget Day.