Sizzler set to raise prices
Pandemic, Ukraine war push up costs
SLRT, the operator of Sizzler steak restaurant under The Minor Food Group Plc, is poised to increase prices of some items by 5-10% today as operating costs continue increasing as a result of the prolonged Covid-19 outbreaks and the Russia-Ukraine conflict.
Kreetakorn Siriatha, the company’s general manager, said operating costs have risen continuously over the last 3-4 months. Prices of vegetables, for instance, doubled since the end of last year while those of pork, chicken and dairy products started increasing early this year.
The Russia-Ukraine conflict…