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How does fast food inflation compare to actual inflation? According to the Bureau of Labor Statistics, the cost of goods in the U.S. has risen 31% since 2014, meaning $100 in 2014 dollars is worth ...
The report also says from 2014 to 2024, the average menu prices for fast-food increased between 39% and 100%. The data suggest the hike in menu prices are due to inflation.
According to the Bureau of Labor Statistics' July Consumer Price Index (CPI), the cost of food rose 10.9% — the highest increase since May of 1979 — with chicken prices soaring 17.6%.
In the Bureau of Labor Statistics’ Consumer Price Index, the food at home category rose only 1.3% between December 2022 and December 2023, but food away from home rose 5.2%.
The cost of a Big Mac or a Chalupa has doubled since 2019, according to archived and current pages of the Fast Food Menu Prices online tracker. Restaurant inflation ... Fast-food prices have ...
Inflation cooled more than anticipated in October, but food prices still remained high last month. This includes popular fast-food chains, as menu prices rise faster than inflation. However ...
The Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]
The PPI data comes on the heels of the release earlier this week of the BLS’ Consumer Price Index, another marker of inflation picked up speed, rising 0.3% last month.