If youre watching your budget, it might be time to skip the drive-thru and head to the supermarket.
In the 12 months through October, higher restaurant prices drove food prices above overall inflation, even as grocery prices were relatively low.
| Source: | https://citizenwatchreport.com/october-surge-restaurant-prices-propel-food-costs-beyond-overall-inflation-despite-moderate-grocery-prices/ |
| Published: | Nov 21, 2023 |
| Author: | Mike Rivero |
| Post Date: | 2023-11-21 13:58:00 by Horse |
| Views: | 395 |
If youre watching your budget, it might be time to skip the drive-thru and head to the supermarket.
In the 12 months through October, higher restaurant prices drove food prices above overall inflation, even as grocery prices were relatively low.
#1: BTP Holdings To: Horse (#0)
I recall going to do a pick up at Midnight. When we got there the band was still playing and people were dancing. The guy that was with me started taking the flowers from tables.
I told him, "You can't do that hen they are still dancing." He said, "I'm going out for a beer" and he never came back. I had to get all that equipment out by myself.
A few years later I was sitting in a bar room. And who walks in? You guessed it, the guy that took off on me at that wedding. He had a cane. I asked, "What happened to you?"
He said, "MS".
He might be dead by now for all I know. :-/
BTP Holdings posted on 2023-11-21 17:33:19 Reply Private Reply
#2: DWornock To: Horse (#0)
Restaurants will not go bust. Of course a few will but that is normal. But generally they will survive and thrive because there is a demand. Where there is a demand, someone will fill the demand.
In this case, their is a huge demand to eat in restaurants. Therefore, restaurants will fill that demand.
DWornock posted on 2023-11-21 21:02:05 Reply Private Reply
#3: BTP Holdings To: DWornock (#2)
What happened when the Covid was high on the list and people were told the keep 10 foot distance between themselves and others? Didn't restaurants close up then? ;)
BTP Holdings posted on 2023-11-22 19:45:47 Reply Private Reply
#4: DWornock To: BTP Holdings (#3)
No doubt many did close because demand was less and supply of resturants equals demand. There was still a demand so enough resturants remained open to fill the demand. When demand increaed more resturants opened to fill the additional demand.
DWornock posted on 2023-11-23 03:27:59 Reply Private Reply
#5: BTP Holdings To: DWornock (#4)
It was lunch time so I walked up the hill and found a restaurant. I ordered Reuben sandwich and fries.
Up the street there was a marquee that said, THE JERRY SPRINGER SHOW.
Now if there ever was a freak on the talk show circuit it was him. ;)
BTP Holdings posted on 2023-11-26 01:34:10 Reply Private Reply