Countering Other Retail Sales Trends In October, Foodservice Sales Rose 0.3%

Retail sales at “food services & drinking places” rose 0.3% in inflation unadjusted dollars in October, with total foodservice retail sales reaching $92.9 billion, from an upwardly revised $92.6 billion in September. But when one factors out the 0.4% increase in menu prices in October, real retail foodservice sales ticked down slightly (see chart). Source:…