Indian restaurants, delivery apps to raise menu prices 5-10% as fuel, LPG costs surge
National Restaurants Association of India members including Cafe Delhi Heights, Wow! Momo, Kylin and Massive Restaurants plan 5-10% menu hikes from next week through July. Drivers: 60% LPG cost surge, petrol at ₹97.77/litre, labour shortages. Zomato and Swiggy delivery fees to rise; discounts to shrink amid soft demand.
Indian restaurant chains and food delivery platforms plan 5-10% menu price hikes from next week to July, citing fuel hikes, 60% LPG cost surge, and labour shortages. Delivery charges to rise, discounts to shrink amid demand concerns.
Why this matters
NRAI's coordinated 5-10% hike signals industry-wide cost pass-through after 60% LPG surge and rising petrol prices, with delivery platforms Zomato and Swiggy following suit despite soft consumer demand.
Retail-company signals steady at 404 over the past 90 days.
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