Coverage

The latest Consumer Price Index (CPI) data shows that prices for food-at-home (grocery stores and supermarkets) rose by +1.1% in June — sequentially up by +10 basis points from May’s +1.0%. This +1.1% number compares with price for food-away-from-home (restaurants) that increased by +4.1% year-over-year in June (sequentially up by +10 basis points from May’s +4.0%). This marks the 16th month in a row for which restaurant pricing is outpacing grocery/supermarket pricing.

With this report, we update our data-driven Kalinowski Casual Dining Index for Q2 to +1.9%. On a five-year (pre-pandemic) basis, the Kalinowski Casual Dining Index for Q2 is at +23.8%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during April, May, and June.

With this report, we update our data-driven Kalinowski Quick-Service Burger Index for Q2 to +0.9%. Comparing to Q2 2019 levels — a five-year (pre-pandemic) basis — the Kalinowski Quick-Service Burger Index for Q2 2024 is at +27.4%. These numbers are based on our latest proprietary checks/data as regards same-store sales performance for this segment during April, May, and June.