Get Your Wallets Ready....
Price increases are going to be coming soon to a restaurant near you....
The cost of beef has gone through the roof, coffee prices are at a 13-year high, and even produce grown right here in California is more expensive than usual.
Grocery prices rose by more than 1 1/2 times the overall rate of inflation in 2010, according to government statistics, and economists predict that it will be even worse this year. For months consumers have grappled with higher prices at the supermarket, while restaurateurs pulled out every kitchen trick they could to absorb food inflation costs.Well, the party is over. Experts say restaurant-goers can expect to see as much as an 8 percent increase in their checks. - SFGate
Labels: food prices, inflation, prices, restaurants
