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The loss of customers forces restaurants to raise prices

Posted On 13 Jan 2016

restaurantes-ecuadortimes-ecuadornewsThe trend of restaurants is to raise lunch prices, the popular lunch now costs $ 3.25 and the executive lunch $ 5.75. Yet restaurants remain with ‘hunger’ as a result of the economic crisis. In a tour made by this media from downtown, the south and the north of the city, business owners indicated that sales dropped between 20% and 60%.

Although in downtown lunches for $ 2.50 can still be found, the National Institute of Statistics and Census (INEC) said in its latest report that the prices of food in restaurants and hotels until December 2015 rose a 0.21% and a 4.78% annual. Consumers indicated that the price increase is out of their budget.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8812106&idcat=38269&tipo=2

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