Cost gone up, but prices, not yet.
This is the word from director of the Chicken Barn restaurants, Paul Hynam, who said last month the chain recorded a 12.3 per cent increase in the cost of doing business.
He attributed the increase to the adjustment of the National Social Responsibility Levy (NSRL) from two per cent to ten per cent.
“Since then, for everything the prices have been going up. The price of chicken has gone up by another 20 cents per kilogram; the price of our fries has gone up, electrical cost has gone up.”
Though the company has not increased prices, Paul said it was something the company, which employs about 130 persons at six different locations, will have to look at.
“We have to look at that, though we have been trying not to. We are just waiting because we cannot every few weeks or months be raising prices. When it settles a bit, we will look at it and then I know we are going to have to raise our prices,” he said.
His comments came yesterday at the launch of their Independence Treasure Hunt, at the Wildey, Christ Church outlet. (LK)
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