
Restaurants: Price Inflation Gap Relative to Food-At-Home Narrows
The latest Consumer Price Index (CPI) data shows that prices for food-at-home (grocery stores and supermarkets) rose by +2.4% in February — sequentially up by +30 basis points since January’s +2.1%. This +2.4% number for February compares with price for food-away-from-home (restaurants) that increased by +3.9% year-over-year in February (sequentially down by -10 basis points from January’s +4.0%). This marks the 35th month in a row for which restaurant pricing is outpacing grocery/supermarket pricing.



