Pizza prices
Pizza prices are expected to soar as the cost of cheese skyrockets due to increasing world demand. While larger chains attempt to absorb the extra cost, smaller outlets are suffering and getting ready to raise prices as early as January in order to survive. Up to a dollar could be slapped on to the price of a pizza to cover costs. A kilo of cheese has jumped 30-40 per cent—or about $2—in the past year and is due to jump again in the new year. Smaller pizzerias yesterday said they could no longer wear the cost of the recent cheese, flour and chicken price rises. “We haven’t put up our prices as yet, but we will have to,” said Karlos Sarah, of Mercadante in Lygon St. “We have carried the last increases ourselves but the rising prices have really affected us.” Others have turned to cost-cutting measures, choosing to buy block cheese ($5.20/kilo) rather than pre-sliced mozzarella ($6/kilo) to save a buck and stay afloat. Herald Sun, December 8.
