Menu Price Increases Are Moderating But The Gap With Grocery Store Prices Remains Wide

Menu prices rose only 0.2% month-over-month in July, the smallest amount since March 2022, according to the latest Consumer Price Index data from the Bureau of Labor Statistics, released Aug. 10. And for the first time in a year, food-at-home prices rose more than menu price, posting a 0.3% gain. But the spread between menu…