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.

Comments

  • 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

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