Restaurants are finally taking price hikes off the menu - NBC News

1 day ago · The prices of food purchased away from home rose just 0.2% from September to October, down from 0.3% the previous two months, as restaurants ease up on price hikes.

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Restaurants Are Finally Taking Price Hikes Off The Menu - NBC News

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1 day ago · The prices of food purchased away from home rose just 0.2% from September to October, down from 0.3% the previous two months, as restaurants ease up on price hikes.

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Long-predicted Consumer Pullback Finally Hits Restaurants Like ...

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May 1, 2024 · Prices for limited-service restaurants rose 5% in March compared with the year-ago period, while prices for groceries have been increasing more slowly, according to the Bureau …

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Fast Foodies Are Getting Fed Up With Price Hikes At The Drive-thru

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Feb 7, 2024 · Bucking the trend, Chipotle’s sales rose 8.4% in the fourth quarter and foot traffic improved, too, after a 3% menu price hike back in October. The company credited the return …

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Restaurant Prices Are Way Up. You Might Want To Head To The

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Nov 14, 2023 · McDonald's expects its prices to be up about 10% this year. Anthony Behar/Sipa USA/AP. Still, Chipotle’s total revenues grew 11.3% to $2.5 billion in the quarter ending …

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Why Are Restaurant Prices So High? And Why You Can’t Do

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Nov 6, 2024 · A 16-ounce strip steak that cost $50 five years ago you’d be lucky to find now for under $65—and it will only be 14 ounces. And the $15 Martini is now north of $20.

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Ozempic And Wegovy May Help Curb Alcohol Addiction ... - NBC …

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1 day ago · Restaurants are finally taking price hikes off the menu RFK Jr.'s anti-vaccine group lost $3 million last year E. coli cases rise to 104 in outbreak linked to McDonald's Quarter …

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Restaurants Are Finally Taking Price Hikes Off The Menu | News

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2 days ago · J.J. McCorvey is a business and economy reporter for NBC News. Inflation is drifting down in fits and starts, and so are restaurant menu prices. Consumer prices were 2.6% higher …

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NJ Transit Proposes Fare Hike; Public Meetings Scheduled - NBC …

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Jan 24, 2024 · The proposed hike is to the tune of 15% starting July 1 of this year, and then a 3% annual increase indefinitely after that taking effect July 1, 2025. 24/7 New York news stream: …

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FAQs about Restaurants are finally taking price hikes off the menu - NBC News Coupon?

Are menu prices going up?

But menu prices, a source of frustration for budget-conscious consumers, are still going up — even as restaurants brag about their discounted meals. Menu prices rose 0.4% at sit-down restaurants from April to May, adjusted for seasonal swings, according to inflation data released Wednesday by the Bureau of Labor Statistics. ...

Do restaurant chains raise menu prices every year?

Restaurant chains raise menu prices every year, but since the pandemic hikes have been coming in fast and furious. Executives noted that for a while, the higher prices didn’t scare people off. But customers finally snapped, leaving chains to reverse course and sometimes get defensive. ...

How much did menu prices rise in April & May?

Menu prices rose 0.4% at sit-down restaurants from April to May, adjusted for seasonal swings, according to inflation data released Wednesday by the Bureau of Labor Statistics. In that time prices ticked up 0.2% at limited service spots, which include fast casual and fast food joints. ...

How much did food prices rise in the 12 months?

Grocery prices rose 1% in the 12 months through May. In that period, menu prices at full-service, or sit-down, restaurants rose 3.5%. They jumped 4.5% at limited-service restaurants, which include fast food and fast casual joints. A McDonald's location in New York, US, on Wednesday, April 6, 2023. ...

Are McDonald's menu price hikes higher than they should be?

Three Democratic senators are asking McDonald’s about its menu price hikes in recent years, arguing that the increases are higher than they should be — even with inflation and rising operating costs. ...

Why are food prices so high?

There are many reasons food costs alone have driven prices up so far so fast: Covid created supply and delivery issues that meant higher costs for obtaining high quality ingredients. ...