Friday, April 12, 2024

Restaurant prices higher than grocers’


 

Restaurant prices have increased more than supermarket prices, reports the United States Bureau of Labour.


That has been the case for 15 months it said and now prices are 4.2 per cent higher than a year ago compared with a 1.2 per cent increase for food eaten at home in the United States.


Prices at full-service restaurants were up by 3.2 per cent, but at limited-service outlets, such as the fast-food chains, by five per cent.

The higher prices have also reduced sales.


Yes, but there are no villains to compare with Loblaws' arrogance. And it still won't sign on to the code of practice, and I think it's all a matter of retaining its power to bully suppliers.