GEISHA KOWLESSAR ALONZO
Across Trinidad and Tobago, the rising tide of inflation is hitting hardest at the dinner table. For food establishments, the challenge is even steeper: absorbing relentless cost increases while keeping meals affordable for customers who rely on them.
Now, many outlets have reached a breaking point. With operating expenses climbing, they are compelled to raise prices simply to stay afloat.
In the Economic DataPack released in December 2025 by the Central Bank, the latest Consumer Price Index (CPI) figures confirm what businesses have long suspected: inflation is not easing.
An analysis of the data showed food prices generally trended downward from July to October 2025, but November marked a clear turnaround, with several food items recording noticeable price increases.
From July to August 2025, the food index fell from 154.6 to 153.6, with a further easing occurred between August and September, as the food index declined from 153.6 to 152.4. Only a small change was recorded between September and October, when the food index edged down from 152.4 to 152.2. The downward trend reversed in October to November, with the food index rising from 152.2 to 152.8.
Last week, the Central Statistical Office (CSO) released its CPI for December 2025, noting that within the index, the food and non-alcoholic beverages category recorded a slight increase, rising from 152.8 in November 2025 to 152.9 in December 2025, an increase of 0.1 per cent.
This upward movement was largely driven by higher prices for several commonly purchased food items, including fresh whole chicken, parboiled rice, tomatoes, fresh carite, plantains, eggs, onions, green sweet peppers, chilled or frozen turkey parts and other chilled or frozen pork products.
It is against this backdrop that food outlets such as Panda House, a popular restaurant based in Dabadie, announced an adjustment to its menu prices effective January 1, 2026.
“At Panda House, our commitment to serving you the highest quality ingredients and exceptional service remains our top priority. To navigate the current economic challenges while ensuring we never compromise on the standards you’ve come to expect, we will be implementing a slight adjustment to our menu pricing,” the restaurant explained in a statement.
Just days before Christmas, Hakka Express also raised prices by $4, increasing the cost of a “Lite box” for instance from $44 to $48.
These moves mirror the struggles faced by other establishments including El Pecos, a long-standing fixture in the food landscape.
Under the new pricing, introduced at the beginning of 2026, buffet items would now be offered at $48 per pound, plus VAT. On-the-go meals have also been adjusted, with chicken and vegetarian options priced at $50, while all other meal options would cost $55.
Saturday specials have been updated as well, with large portions of pigfoot souse priced at $35 and beef soup available for $50.
Burger prices have also changed, with a burger-only option costing $35 and a combo meal, including fries and a drink, priced at $48.
El Pecos owner Richard Camacho described how inflation has reshaped the industry, noting that while groceries and high-end restaurants could adjust prices daily, food operators must commit to menu boards and printed prices, making changes slower and more difficult.
“Pig tail, ribs, fries, butter, everything even oil. I used to do oxtail on my counter then I had to stop. Oxtail is close to $40 a pound wholesale...Then you have the shrinkage. You have a lot of shrinkage when you cook meat. When you cook anything, you have a lot of shrinkage. You’re fighting that battle all the time... A case of chicken costs us $450 to $460 a case. We use three pound birds and we get that for about $14.25 a pound.
“For Christmas, chadon beni, was $65 a bag.It’s normally $15 and $20. Some days, we couldn’t get our volume,” Camacho explained.
He also pointed to the rising cost of eco-friendly containers, nearly $4 each, as well as surging utility bills and rent, all of which have eroded margins.
Labour shortages and absenteeism have added further strain.
“The absenteeism out there is ridiculous. It’s just uncontrollable. The carelessness with these new, young workers. Their work ethic is not as good as as yours or mine,” Camacho added.
Despite these pressures, El Pecos tried to hold prices steady, raising them incrementally in the last three years.
“From 2023, we went from $43 to $45 plus VAT a pound and then we stayed there for 2024 and for 2025 and now we have gone to $48. That move should have been done at the end of 2024, so for 2025, I should have been at $48. if I want to stay with the trend,” Camacho further explained, adding that all his produce ia locally sourced as well as other items like chickens.
“We import the beef and the pork. Lamb, I think, comes from outside. I don’t buy foreign, unless we can get it local,” he said.
Global crisis hits home
The struggles of these food operators are the localised manifestation of global challenges, Patrick Antoine, CEO and technical director of the Caricom Private Sector Organisation (CPSO), told the Sunday Business Guardian.
He said the region is facing a sustained period of rising costs with “no end in sight” for 2026, noting that the newly formed Private Sector Organisation of T&T (PSOTT) is also a member of CPSO.
Antoine noted that for years, large distributors and importers tried to buffer the impact of rising costs from the United States—the region’s primary source of food imports.
He said CPSO research shows that until recently, importers absorbed nearly 75 per cent of these increases. However, that buffer has now collapsed, and as of early 2026, those costs are being passed directly to the consumer.
The crisis is compounded by a “knock-on” effect from other exporting nations in Central America which are also raising prices to maintain their own margins.
Even though some exemptions were granted for agriculture in the US, Antoine explained these have not been significant enough to halt the upward trajectory of prices.
The productivity gap and fallow land
A critical factor in this inflationary cycle is the state of domestic production. The cost of agricultural inputs, such as fertilisers and urea, has risen sharply because, mostly, these items must also be imported.
“We have this cycle of cost increases taking place, which is essentially the knock-on effects of this sort of tariff and measures from the United States and even though they tried to buffer it by giving some exemptions, the exemptions for agriculture have not been significant. Those costs will remain and those costs also feed through into the domestic production sector in agriculture,” Antoine said.
For local farmers, staying afloat means passing these costs on to customers.
The most significant hurdle to lowering prices locally is a scale problem, as Antoine stated, estimates suggest that only one-third of T&T’s arable agricultural land is currently being utilised, while two-thirds sits fallow.
This lack of production creates a situation where less food is chasing higher demand, naturally driving prices up.
Antoine urged the only way to fight this inflation is to increase productivity—producing more per acre and bringing more land into active production.
Regional call to action
The issue extends beyond this country’s borders to the wider Caricom region.
Production, Antoine outlined, has fallen drastically in countries that traditionally exported to T&T, such as St Vincent, Grenada, and Dominica.
This regional supply failure, combined with rising US costs, has transformed food security into a “food access” issue, particularly for the most vulnerable segments of the population who cannot compete with emerging price levels.
The CPSO called on governments and ministries to think strategically about “de-risking” imports. This includes identifying alternative countries that offer better pricing than the US and creating more robust supply linkages within the Caricom market.
For T&T, Antoine outlined the path forward would require a multi-pronged approach: boosting local agricultural productivity, diversifying import sources, and supporting businesses that are struggling to maintain affordability.
Without these measures, the CPI figures may be just the beginning of a longer, more painful climb.
