BENGALURU : The cost of living in Karnataka is set to rise from Friday as traders and sellers across sectors, including restaurants, real estate, tourist taxis, and pharmaceuticals, have decided to ring in the new financial year with a substantial price hike due to rising input costs.
Eating out, especially in Bengaluru, will be dearer by at least 10% as hoteliers, reeling under skyrocketing prices of almost all commodities including edible oil, liquid petroleum gas (LPG), petrol and diesel, food grains, coffee and tea powder and vegetables, plan to pass on the hike to consumers.
