7-Eleven raises price of tea eggs to NT$10

Focus Taiwan
Date: 2016/01/21
By: Chen Cheng-wei and Kay Liu

Taipei, Jan. 21 (CNA) President Chain Store Corp., operator of the 7-Eleven chain in Taiwan, has increased the price of its tea eggs, an item unique to Taiwanese convenience stores.

The 7-Eleven convenience store chain, the largest in Taiwan with just over 5,000 stores, on Wednesday hiked the price of its tea eggs from NT$8 (US$0.24) to NT$10 each.

According to 7-Eleven, the decision was made based on the fact that farm prices of eggs have climbed 25 percent in the past five years.

Council of Agriculture statistics showed that in December 2015, farm prices of eggs had reached NT$56.1 per kilogram, up 5.6 percent from a year earlier.     [FULL  STORY]