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As grocery costs have gone up, fast-food prices have seen sharp increases, too. A meal at Chipotle on average 10% more than it did a year ago, according to the company’s earnings call last week.
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%.
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 ...
In November, egg prices shot up by 8.2% nationwide, logging one of the highest monthly spikes in the past two decades, according to Consumer Price Index data released last week. And it’s not ...
In February, overall food prices remained flat for the first time since April 2023. Some items have even gotten cheaper over the course of the year. Apple prices plunged 13.2%, thanks largely to ...
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 ...
Up until fairly recently, consumers were willing to pay more for quick-service food. When fast food prices started to soar in 2022, consumers just went along because prices everywhere had surged ...
This legendary Applebee’s franchisee says Americans are 'abandoning fast food' — and explains that he was 'running for his life' due to payroll, food costs Jing Pan June 11, 2024 at 6:25 AM