Menu Prices Reached A New Four-Decade High In October

Even as the overall Consumer Price Index and so-called core index saw slowing price increases in October, the food-away-from-home component of the index reached a 41-year high, hitting 8.6% for the past 12 months. The data comes from the Bureau of Labor Statistics’ Consumer Price Index data, released Nov. 10. Compared to September, menu prices…