Pune: eating outside becomes more expensive.
Many restaurants in Pune recently pushed up the menu price of around 10-30% due to commercial gas cooking rates, vegetable prices, meat and cooking oil had soared.
United Hospitality Association (UHA) told TOI that most restaurants in the price of Pune ascent menu in the past month, with commercial gas cooking prices after surging to RS2,000 for 19 kg cylinders, multiple oil prices, and meat prices increased significantly .
The restaurant has operated at a capacity of 50% because the Covid norm and the hiking menu level is the only choice to meet the increase in costs and offset loss, the word industry said.
Indah Narang, President, United Hospitality Association, and owner, love food music, said, “The price of meat has risen by around 30% in the past six months, while the price of oil and gas cooking also increases exponentially.
The level of procurement of all raw materials has increased, Thus the price of the menu must be hiked.
The restaurant has worked on a 20% margin before the surge, therefore, increasing prices is the only choice.
“Narang said that many restaurants have increased prices on the menu of 20-30%.
Ravish Arora, Director, Restaurant Incognito, Bar & Cafe in Balewadi High Street and Polka Dots, told Tii, “Restaurants who have not climbed the menu prices so far may be done in early December because the cost of all raw materials rose.
We have tried to raise the increase Prices for now, but in the end the price of all items on the menu must be improved.
We are in the process of preparing a new price.
The restaurant might raise the price of around 10-20%.
The restaurant has an underpriced menu up to 30%.
“Arora, who is also the director Baker’s basketball, said that bread products can also see prices increase s.
“We hope that the price of raw materials will go down post-monsoon, but that doesn’t happen.
The cost of bakery packaging also rises due to lack of paper.
All of this will have a cascading effect on food costs,” he said.
Vikram Shetty, Owners, Sadanand Resort and Sadanand Regency, said the price of commercial gas cooking per cylinder to RS2,000, oil prices that can be multiplyed, while meat vendors have a quoted price increase.
“Restaurants that have not increased the price of the menu might do it in the first week of December.
Increasing menu prices is needed to survive because the pandemic has had a bad impact on business,” he said.
The restaurant owner in Koregaon Park said, “A commercial cooking gas cylinder is used to cost around RS1,100 before the pandemic, but now the price of RS2,000.
A can of oil is RS1,300, but now it has risen up to RS2.300.
Diesel and gasoline has soared, raw materials and transportation costs also increase.
The price of alcohol has also risen.
Therefore, prices have been enhanced for food and liquor on the menu of 10-12%.
“Citing an example, he said,” One liter of grade beer At the present valuable RS260 at our restaurant with RS240 last month.
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