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Domino’s to hike prices by 2-3%

Jubilant FoodWorks, which operates the chain of Domino’s Pizza outlets, said on Thursday that it plans to hike its prices by 2-3 per cent next month to beat inflationary pressure. “The last time when we effected a price increases was in June this year.

Before that last year in August and in November also we hiked our prices. Our next price hike will be in November and it will be a 2-3 per cent increase,” Ajay Kaul told reporters on the sidelines of India Retail Forum here. Earlier we used to effect two price hikes of nominal 2.5-3 per cent each annually to cover the basic inflation, he said.

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