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More Americans will be thinking twice before they say yes to a fancy dinner out on the town. The cost of dining out in January was up 5.1% year over year and up 0.5% compared to the previous month ...
It's a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U ...
The restaurant industry was hit first and worst when COVID-19 closed the economy. According to the National Restaurant Association, businesses laid off or furloughed 8 million hospitality workers ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall.
It's slowly approaching its record high of $4.82 reached in January 2023. Egg prices are up 36.8% year over year and 8.4% month over month, while chicken prices are up 1.2% year over year and 0.3% ...
While 2023 was the year that meaningful progress was made on slowing down painfully high inflation, 33 months’ worth of fast-rising prices took their toll on many Americans, especially those ...
Even enjoying a meal at a restaurant has become more expensive. Year-over-year, the inflation index for food away from home ticked up by 4.5% in February. Enter BNPL.
Food inflation remained sticky in October as select items drove prices higher. The cost of groceries climbed 1.1% compared to a year ago, per data from the Bureau of Labor Statistics , and 0.1% ...