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

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 up on fast food? …