Why Are Menu Prices Getting Higher?
Menu Prices on the Rise During the COVID-19 pandemic, food service took a bigger hit, financially, than many other industries. Yet even now as they start to recover, their troubles haven't gone away. If they can't afford the rising costs, it gets passed down to the customer via higher menu prices. Where are these rising costs coming from? In part, issues abound higher up the supply chain. Production can't necessarily meet the newfound demand as customers flood back out to restaurants. When they can't supply everything, restaurants run into inventory issues. They then have two options:... read more »