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Guest: Karon Liu, Toronto Star food reporter
When one Toronto restaurant introduced a $25 cauliflower dish more than 10 years ago, it caused a bit of a stir at its eye-popping price. When Star reporter Karon Liu recently noticed the price of the same dish was now $41, it sent him to look at the steeply rising cost of meals out.
It’s a trend driven by food inflation, wage inflation, rent inflation and a host of other factors. And for many diners, it means eating out is becoming less and less of an attractive option. Which doesn’t mean the restauranteurs are suddenly flush—the drop-off in diners means it’s even harder for them to make up in volume what they might lose by cutting prices.
PLUS: Our food writer’s instructions on what to do if $41 is too steep a price for you
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1515 ratings
Guest: Karon Liu, Toronto Star food reporter
When one Toronto restaurant introduced a $25 cauliflower dish more than 10 years ago, it caused a bit of a stir at its eye-popping price. When Star reporter Karon Liu recently noticed the price of the same dish was now $41, it sent him to look at the steeply rising cost of meals out.
It’s a trend driven by food inflation, wage inflation, rent inflation and a host of other factors. And for many diners, it means eating out is becoming less and less of an attractive option. Which doesn’t mean the restauranteurs are suddenly flush—the drop-off in diners means it’s even harder for them to make up in volume what they might lose by cutting prices.
PLUS: Our food writer’s instructions on what to do if $41 is too steep a price for you
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