Restaurants hike menu prices by 5-15% as rising input costs squeeze margins; dosa, coffee and meals to cost more
Posted
Via IB Times
Restaurants across India are raising menu prices by around 5-10% as rising input costs squeeze their profit margins. Restaurant operators say expenses on dairy products, food ingredients and fuel have increased by 15-20% over the past six to eight months, prompting businesses to pass on part of the additional costs to customers.
