Restaurant charges increased 8 pct year-on-year

The Tourist Price Index (TPI) for the first quarter of 2015 increased by 1.51 percent year-on-year. According to information from the Statistics and Census Service (DSEC), the growth is “attributable to rising charges for restaurant services, as well as to higher prices of handbags and local food products.”
These increases were observed in the price index of restaurant services (+7.86 pct), clothing & footwear (+5.49 pct); and entertainment and cultural activities (+5.18 pct). On the contrary, the price index of hotel accommodation decreased by 4.33 pct year-on-year due to lower room rates for three- and four-star hotels. The TPI index reflects the price change of goods and services purchased by visitors.