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As restaurant prices rise faster than the overall inflation rate, Americans are collectively saying, “We have food at home.” Pressmaster / Shutterstock.com
If it feels like restaurant bills are getting more expensive, you’re not imagining it: The cost of dining out is on the rise even as grocery prices decline. The latest inflation data shows that prices for food away from home increased by 0.3% from March to April, while food-at-home prices declined by 0.2%. Compared to a year ago, the restaurant index is up 4.1%. Americans are taking notice.
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