Menu Price Increases Ticked Up Again In August, While Grocery And Overall Consumer Prices Were Lower

Despite restaurant operators’ reluctance to raise prices further in light of falling traffic numbers, menu prices rose 0.3% in August, up from 0.2% in July, according to the latest consumer-price data from the Bureau of Labor Statistics released Sept. 11. The 12-month gain in menu prices fell slightly to 4% in August from 4.1% in…