Industry bosses have said the price of Indian food will rise due to an expected increase in wholesale food prices, with Asian Catering Federation president Yawar Khan warning that “the days of an inexpensive Friday night curry is coming to an end “. According to MailOnline, ingredient suppliers have told manufacturers that the 50% price hike will include spices used in Indian dishes, such as cilantro and cumin.
Other ingredients, such as spinach, green peppers and chili peppers, were also up 25 percent.
According to restaurateurs who spoke to MailOnline, the problem has been compounded by rising labor costs, utility bills and transportation costs.
This outgoing expenditure has increased by almost 30% over the past two years.
It comes as UK inflation saw its biggest increase on record in August, with the Office for National Statistics reporting a 3.2% increase in the consumer price index.
Mr Khan, who also owns his own restaurant, told MailOnline that prices could go up to Â£ 1 per dish.
He said: âPrices are going up for a lot of ingredients.
âThings like cooking oil, we used to pay Â£ 19 (for a 20 liter keg) and now it’s Â£ 24.
“Spices would normally cost around Â£ 5 per kilogram (2 pounds), but now cost around Â£ 6.50. Lamb is up 20%, chicken about 20-25%.”
READ MORE: Inflation FEAR: Why the EU is VERY worried about inflation
He added: âA lot of the public is attached to the idea that curry has to be cheap and that reduces the quality. But I think the days of a cheap curry on Friday night are coming to an end. “
Thomas Cropper, managing director of a ready-made meals brand, Tuk in Foods, told trade magazine The Grocer that one of its ingredient suppliers “wanted to increase the price of our spices by 50%.”
He said it was “inevitable” that increased ingredient costs would be passed on to customers.
Mr Cropper, whose Leicester-based company recently signed a Â£ 3million deal with the cooperative, said: ‘People cannot produce food at the same price as two years ago, so consumers will inevitably pay more. “
However, he noted that his business would likely be even more affected than Indian take-out, saying, âWith a business like ours, 30% of the costs are ingredients, while restaurants will be around 10%, so that will take still have an impact, but it won’t be as pronounced.
Commodities analyst Jara Zicha said a series of factors, including distribution difficulties and adverse weather conditions, were contributing to the price hike.
He said: “The UK spice market, like many other markets, has been hampered by freight issues and Brexit.
“Soaring freight costs, shipping delays, lack of container capacity, port bottlenecks, shortage of truck drivers, rising warehouse costs – it’s all having an impact.” on the availability of supply and increases costs.
“Then you add the weather issues in some of the producing countries and the rising costs of packaging and there is obvious pressure on the importers.”