In spite of essentially flat prices at the wholesale level, foodservice operators continue to aggressively raise menu prices to try and cover rising labor costs. Menu prices rose 0.3% month-over-month in June, according to the latest Consumer Price Index data from the Bureau of Labor Statistics. On a seasonally unadjusted basis, menu prices are running…
Wholesale Food Prices Tick Up While Menu Prices Rise Again As Wage Rate Increases Continue
