Restaurant operators have had to keep their menu prices elevated to protect margins amid relentless inflation and, for the most part, consumers have proven their willingness to accept those prices.
Almost everything increases in price as the years pass, from soda to chewing gum. Restaurant owners may be forced to increase prices to offset rising food costs or to become more profitable.
The average retail beef price is $9.69 per pound. Six years ago, that number was $6.09. Experts predict prices are unlikely to decrease until late 2027.
The "Lighter Portion Entrées" menu offers smaller versions of existing dishes, including chicken parmigiana, eggplant ...
Restaurant menu prices reached another 40-year high in June, as consumers’ wallets continue to feel pressure. The food away from home index lifted 7.7 percent year-over-year, the largest 12-month ...
The historic inflationary environment facing restaurant consumers continued in May, with the food away from home index rising 7.4 percent year-over-year—the largest 12-month increase since the period ...
In strict dollar terms, they weren’t wrong. The roasted chicken entree at Balthazar in Manhattan is $37. At Elvie’s, the ...
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