Restaurant Inflation Remains Sticky as Economy Shows Mixed Signals

Key Inflation Segments - June 2025

Category Year-over-Year % Change Previous Month (May) Monthly Trend All items CPI 2.7% 2.4% Acceleration from May Food 3.0% 3.0% Unchanged from May Food at home 2.4% 2.4% Unchanged from May Food away from home 3.8% 3.8% Unchanged from May Full service meals 4.0% 4.1% Slight deceleration Limited service meals 3.5% 3.4% Slight acceleration Energy -0.8% -3.3% Less deflationary Gasoline -8.3% -9.8% Less deflationary Eggs 27.3% 60.4% Significant moderation Meats, poultry, fish 5.6% 7.9% Moderation Ground beef 10.3% 10.4% Essentially flat

Source: Bureau of Labor Statistics Consumer Price Index for All Urban Consumers (CPI-U), June 2025

Restaurant CPI held stubbornly at 3.8% in June, unchanged from the previous three months. While Full-Service restaurants showed a slight deceleration to 4.0% (from 4.1%…