Raw material costs on boil, restaurants and cafes put price hikes on the menu - Economic Times

Many chains are undertaking a combination of reducing discounts and increasing prices as their raw material costs have shot up by anywhere between 7% and 30% over the past three months. These price hikes are happening after two-to-three years in most cases.

Fine-dining and quick service restaurants, bars and cafes are increasing prices by up to 15% to deal with steep food inflation caused by global supply disruptions even as there is a surge in travel, … [+3436 chars]

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