4Q Restaurant Comps Reflect Outsized Menu Price Premium Compared to Grocery Stores

Feb 13, 2024 | Insights, Restaurant Research

It has become increasingly expensive to eat out relative to the price of shopping at grocery stores & eating at home. This helps explain slowing 4Q restaurant comps.


  • The current restaurant menu CPI premium to grocery stores is +3% above the 5-year average.

Food away from Home CPI vs Food at Home CPI

Marketing Consumer Research Weekly Banner

Nobull consumer research weekly

No Bull Economics

Get Corporate & Market Insights in your inbox