![]() ![]() It cites a 15.1% year-over-year increase in the Producer Price Index, which measures the cost of domestic goods, as well as a 12.1% increase in average hourly earnings for restaurant employees.Prices at full-service restaurants are even higher - they've gone up 8%, the biggest jump of any restaurant category.īallooning menu prices are being driven by the rising cost of food and labor, according to the report.Rising prices are hitting Americans where it hurts: the drive-thru.ĭriving the news: Fast food menu prices are up 7.2% year-over-year, according to a report released this week by the National Restaurant Association. Data: The Economist, Bureau of Labor Statistics, Axios research Chart: Simran Parwani/Axios
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |