It’s getting more expensive to eat out.Full-service restaurants, facing higher labor and food costs, raised prices the most in more than seven years in December, a U.S. Labor Department report released Friday shows. As grocery costs rise at a slower pace, that could push more U.S. consumers to eat at home, potentially shifting sales away from sit-down chains.The gap between how much it costs to eat out instead of grocery shopping “has continued to widen pretty aggressively.
Restaurant Prices Jump The Most Since 2011
Bloomberg News, The Gazette (Cedar Rapids)
Fri, 01/11/2019 - 11:29am
Sections: u.s.
Topics: Iowa Linn County Cedar Rapids
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