Menu Prices Rose Steadily In July, Even As Grocery Prices Fell, Overall CPI Held At 2.7%, But Core Rose to 3.1%

Driven higher by the second 0.5% month-over-month increase by full-service operators in a row, menu prices rose 0.3% in July, according to the latest data from the Bureau of Labor Statistics Consumer Price Index, released Aug. 12. It was the third monthly 0.3% increase for the food-away-from-home index in the past four months. M-o-m prices…