Chef Andrew Gruel, the founder and CEO of Slapfish, argues that, based on his own anecdotal evidence, March inflation numbers are 'a little bit watered down.'
Chef Andrew Gruel, the founder and CEO of Slapfish, argues, that based on his own anecdotal evidence, March inflation numbers are 'a little bit watered down.'"What we’re seeing right now is the price of goods are up 20 to 30% overall so if I need to increase the burger from $10 to $13, now throw an exorbitant amount of tax on that, even local sales tax, the customer is paying $14 for that burger where they before thought they were paying $9.99 for that burger," he said.
He argued, however, that small businesses on Main Street "don’t have the capacity to pay the dollars that they need to in order to get the goods into restaurants, because there is bidding going on in the industry right now."
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