Foodservice Retail Sales Were Up 0.3% In June Over May, But Fell Again In Menu-Price Deflated Terms

Retail sales at “food services and drinking places” rose 0.3% month-over-month in June, to $94.8 billion seasonally adjusted according to the latest “advance” estimate of retail sales from the Census Bureau, released July 16. The Bureau revised May sales upward dramatically to a “preliminary” $94.6 billion (from an “advance” $93.6 billion reported last month), a…