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. Restaurant Industry Serving Up Success in 2015
  2. Different People, Different Beer
  3. Restaurant trends: 7 things we’ll see in 2017
  4. 6 twists on spring salads
  5. Upgrade Your Glassware Game to Be on Trend
  6. Hospitality warned of consequences of not paying National Minimum Wage
  7. Is your restaurant staff trained well on food allergies?
  8. Soda Gone From Kid’s Menus at Applebee’s, IHOP
  9. Mobile Payments and Rewards Programs Just Got Easier: Introducing StoreCard
  10. Fast-casual pizza segment cools