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People have noticed the disconnect between restaurant prices and grocery store prices. I have no idea who is increasing prices more than their suppliers have in
by canucker2016 4y ago
People have noticed the disconnect between restaurant prices and grocery store prices. I have no idea who is increasing prices more than their suppliers have increased prices.
for Canada, from https://ottawa.citynews.ca/national-business/canadians-making-fewer-trips-to-the-grocery-store-as-inflation-pinches-rbc-report-6673205 https://ottawa.citynews.ca/national-business/canadians-makin...:
"Grocery prices grew by 11.4 per cent year-over-year in January ... according to the latest data released by Statistics Canada."
"The latest inflation data indicated food purchased from restaurants rose 8.2 per cent in January compared with the same month last year — up half a percentage point from December."
for USA, from https://www.cbsnews.com/news/thanksgiving-restaurant-inflation-grocery-consumer-prices/ https://www.cbsnews.com/news/thanksgiving-restaurant-inflati...:
"Restaurant prices are also elevated, but they have risen at a slower pace. The cost of food at restaurants and other vendors is up 5.8%, compared to food from grocery stores or supermarkets, which shot up nearly 10% from November 2021 to August 2022, Wells Fargo analysts noted in a report."