Chef Seema Dalvi, at Dalvee restaurant in Poulton, Lancashire told the BBC that while price rises were slowing down “inflation is definitely killing us”.
Hmm. I wouldn’t think that inflation would necessarily be especially bad from a restaurant’s standpoint. It tends to be bad for importers and good for exporters. Restaurants don’t export, but I wouldn’t think that a lot of their costs would be imports, either – I’d think that they’d mostly be domestic. Labor and such.
And it looks like over the past few years, despite the inflation, the pound has strengthened against the rupee. You wouldn’t think that that’d be a problem from their position.
I guess maybe they could be importing ingredients used in Indian food from somewhere other than India. Like…okay, I guess rice is probably imported from somewhere else.
Rising prices of Italian rice have forced buyers to turn to Asia
Rice, along with pasta and bread, was one of the budget foods recent Office for National Statistics’ figures highlighted as increasing in price at a much faster rate than general inflation, with the cheapest rice option now costing 15% more than a year ago.
Hmm. I wouldn’t think that inflation would necessarily be especially bad from a restaurant’s standpoint. It tends to be bad for importers and good for exporters. Restaurants don’t export, but I wouldn’t think that a lot of their costs would be imports, either – I’d think that they’d mostly be domestic. Labor and such.
googles
Apparently Dalvee is an Indian restaurant.
https://www.google.com/finance/quote/GBP-INR?window=5Y
And it looks like over the past few years, despite the inflation, the pound has strengthened against the rupee. You wouldn’t think that that’d be a problem from their position.
I guess maybe they could be importing ingredients used in Indian food from somewhere other than India. Like…okay, I guess rice is probably imported from somewhere else.
googles
Ah hah. From last year:
https://www.theguardian.com/food/2022/jun/22/rice-price-yorkshire-importer-costs