Quote:
Originally Posted by Mr. V
I blame a lot of the increase on price gouging, of sellers trying to make up for lost profits from covid closure / slowdown.
For example, I buy artisan bread at a local grocer here out west; pre-covid it cost $1.99, now it is $3.99.
Gouging.
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I can understand why you might think that but you are mistaken.
Restaurants are just trying to survive with the huge price increases from suppliers on everything that we use.
Frying oil that was $17 is now almost $50
Anything associated with chemicals and paper goods has quadrupled
Some food items such as pork are still stable, but most seafood items have doubled in price.Labor costs are up by 40%
The price of gas and diesel has caused our suppliers to apply a surcharge to most deliveries....propane and oil are up dramatically....and on and on it goes.
There could be some gouging, but I haven't seen it in restaurants.Most are just trying to figure out how to get through these tough times.