Prices in cafes and restaurants will skyrocket by the end of 2024

12.08.2024 13:17

A ten percent price increase by the end of the year is predicted in cafes and restaurants in Russia.

Global inflation is forcing restaurateurs to raise prices.

Moreover, the main price increase will occur in the middle and end of winter, when the population begins to prepare for the New Year and other holidays, writes the Parliamentary Newspaper .

a restaurant
Photo: © TUT NEWS

According to the Chairman of the Federation of Restaurateurs and Hoteliers Igor Bukharov, there is no reason to expect a reduction in prices in the catering industry.

Inflation is growing at an accelerated pace, influencing prices.

Restaurant owners are forced to raise prices in order to purchase goods, pay taxes and pay salaries.

Moreover, the attractiveness of restaurants is diminished by the emergence of numerous fast food outlets.

Therefore, restaurants and cafes have to raise prices even more to stay afloat.

Experts emphasize that restaurateurs factor into current prices their probable increase both in the near future and in the long term.

Elena Gutyro Author: Elena Gutyro Editor of Internet resources