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Menu And Grocery Prices Both Spike As Consumer Inflation Hits 30-Year High

Written by The Ashton Report

Menu prices rose another 0.8% in October vs. September and grocery store prices jumped a full point. For the year, menu prices have risen 5.3%; grocery and retail food prices have jumped 5.4%.┬áRetail food prices now exceed the foodservice increase for the first time since the rapid run-up in grocery food prices last year in…

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