Eating out in Bengaluru, Mumbai and Pune could soon become more expensive, with restaurant associations considering a 10-15% price hike amid rising food and fuel costs. Food inflation…
Eating out in Bengaluru, Mumbai and Pune could soon become more expensive, with restaurant associations considering a 10-15% price hike amid rising food and fuel costs. Food inflation climbed to 7.74% in September from 5.97% in August, with onion, sugar, rice, chicken and vegetable oil prices all recording increases. Restaurants are also facing a sharp rise in commercial LPG cylinder prices, which are now 70-80% higher than a year ago in major cities.
The industry says it has absorbed higher input costs through the year, but may now have to pass some of the burden on to customers. Here's why your next restaurant bill could cost more.
This is a source-linked briefing. Read the original report from Business News India .