Restaurant and other foodservice operators continued to respond to higher wholesale food price and labor-cost increases by pushing menu prices higher in May. The data comes from the monthly Consumer Price Report data released by the Bureau of Labor Statistics. Overall food-away-from-home prices rose 7.4% versus May 2021, the largest increase since the early 1980s….
Menu Prices Rose 7.4% Over 12 Months As Full-Service Prices Had 9% Gain
