U.S. restaurant prices jump the most since 2011
By Carmen Reinicke, Bloomberg
It’s getting more expensive to eat out.
Full-service restaurants, facing higher labor and food costs, raised prices the most in more than seven years in December, a Labor Department report released Friday shows. As grocery costs rise at a slower pace, that could push more U.S. consumers to eat at home, potentially shifting sales away from sit-down chains like Olive Garden and LongHorn Steakhouse, operated by parent company Darden Restaurants.
The gap between h
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