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Restaurant inflation running at 15%!

Posted by fairval on February 10, 2014

An article in The Times of India ‘Rate cards of Mumbai eateries double in 5 years‘ points out that inflation in Mumbai’s mass restauarants, popularly known as Udupi restaurants, is running at 15% per annum for last several years. Prices have doubled since 2009!

The graphic from the story gives rates of key items in 2009 and now. The fastest item of costs are the utilities – LPG, water and electricity. LPG cost is up 3x, water and electricity 2x. The only positive here is that LPG cost could stabilise for a while

Imageeas

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