Published August 15, 2017

Menu price inflation hits 3%

In the latest annual study of menu price inflation, MCA, found menu prices ran at 3% price inflation. Across 111 operators subject to the study, 49% of menu items increased in price with only 3% falling in price.

At the same time the study highlighted that entry prices for restaurants had increased between 4 and 5.5 percent depending on the dish.

With an average 3% exit price of dishes we can imply that operators, subject to cost pressure, are choosing to absorb some of the price rises.

It is anticipated that prices will rise between 2-3% again over the coming year, though the final figure will depend on the state of the consumer economy.

Read more: Menu price inflation hits 3%

Related Post:
  1. National Restaurant Association Announces New Partnership with the American Culinary Federation
  2. Art you can really sink your teeth into!
  3. Bite Squad Completes Acquisition and Integration of 17 Restaurant Delivery Services
  4. 4 reasons vegetables are trending now
  5. Starbucks Awarding Hundreds of Thousands to Charities
  6. Looking for a portable hot plate?
  7. Cornell debuts 100% gluten-free dining hall
  8. Ziosk table ordering tablets are sweeping the nation!
  9. Kitchen Innovations award winners announced!
  10. Would you consider crowdfunding a restaurant?