Menu Prices Continued To Increase In June While Grocery Food Prices Also Rose, Overall CPI Inflation Up 2.7%

Menu prices rose another 0.4% month-over-month in June, according to the latest consumer price data from the Bureau of Labor Statistics, released July 15. The June increase compares to a 0.3% gain in May and 0.4% increases each of the three months prior. The 12-month increase in June held steady at 3.8%. It had been…