Temporarily or not, inflation is disrupting restaurants and the wider economy: Economics

As people who actually work in restaurants, supply chain issues are wreaking havoc on us. The delivery time of fixed assets (such as walk-in refrigerators) is the longest I have seen, and imported products are either severely delayed or unavailable at all. There are strange and sporadic interruptions in the finished product-we recently had to split the takeaway packaging we used because the manufacturer could not get enough black dye to continue making the containers we like. Although “Sorry, there is a supply problem with the product you are using” is a well-known thing, the number of such problems has skyrocketed recently. Some of these problems can be solved by paying more from alternative sources or using more expensive alternatives. Unfortunately, we have to pass these costs on to consumers. Some of them we don’t need at all, such as manually doing some things we would use machines to do, the labor cost is higher… This time again, we have to continue. This ranges from food-cutting machines to semiconductor shortages that prevent us from getting more server handheld devices. This is a huge labor saving.

Outside of supply chain bottlenecks, our raw material prices have actually not risen so much. Similarly, we expect that as the need for childcare in face-to-face schools that reopen in September decreases, we will see an increase in the number of people who want to work. The number of people who saw labor shortages and cried “This is unemployment benefits!” When it is really “grandma can no longer look after children because she died of the new crown virus, it is cheaper not to work than to take care of the children” is shocking.

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