
Restaurants: Price Inflation Gap Relative to Food-At-Home Remains Low Relative to Recent History
The latest Consumer Price Index (CPI) data shows that prices for food-at-home (grocery stores and supermarkets) rose by +2.7% in May — sequentially down by -20 basis points since April’s +2.9%. This +2.7% number for May compares with price for food-away-from-home (restaurants) that increased by +3.5% year-over-year in May (sequentially down by -10 basis points from April’s +3.6%). This marks the 38th month in a row for which restaurant pricing is outpacing grocery/supermarket pricing.



