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The chips are down: pizza, fried chicken and doughnut shares plunge on ASX as living costs bite budgets | Australian economy

Once a symbol of cheap eating, fast food is transforming into a luxury many can no longer afford due to resurgent living costs. This shift is reflected on the ASX, where major pizza, fried chicken and doughnut outlets are seeing significant price drops, raising the question: are consumers so downbeat that they are even giving…

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