Menu Price Moved Higher Again In May, But 12-Month Gain Fell to 4%

Food-away-from-home prices rose 0.4% month-over-month in May, according to the latest data from the Bureau of Labor Statistics Consumer Price Index data, released June 12. That was up from 0.3% monthly increases in both March and April and the strongest gain since a 0.6% jump in January. Still, the year-over-year increase fell to 4% from…