Menu Prices Posted Another 0.3% Monthly Increase in February But 12-Month Increase Fell to 3.9%

Operators continued to raise menu prices in February as they work to make up for low margins and increased costs from labor and other inputs. According to the latest Bureau of Labor Statistics Consumer Price Index data, released March 11, monthly food-away-from-home prices increased 0.3%. That was higher than January 0.1% gain, but significantly below…