Wednesday, October 19, 2016

The grocery-restaurant price gap is worse than you think

Image result for restaurant slow businessThe restaurant-grocery inflation gap, widened again in September. Over the past year, restaurant prices have increased 2.4 percent, according to federal data. Grocery prices have fallen 2.2 percent.

That’s a 460-basis-point spread, and a big difference in the change in pricing by the two biggest industries that specialize in the sale of food to consumers. It’s not difficult to imagine why consumers might be dining at home more often this year.. . . more

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