Analysts take a bite out of premium QSR shares as restaurant prices rise
Restaurant and Quick Service Restaurant (QSR) owners face dual cost pressures. Raw material costs for edible oil, fresh milk, wheat, coffee, vegetables, tea and sugar jumped up to 60% year-on-year (YoY) due to weak supply chains and rupee depreciation/more expensive imports.
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First publication: Tuesday, June 07, 2022. 11:15 a.m. IST