Comment on McDonald’s and Olive Garden are feeling the pinch as diners shift to home-cooked meals

McDonald’s and Olive Garden are feeling the pinch as diners shift to home-cooked meals

Inflation has been easing for grocery items, causing consumers to choose homemade meals over restaurants. Eating in is in and eating out is out.That’s the message that inflation-squeezed consumers have been sending to fast-food companies and other restaurants. Meanwhile food producers are benefitting from more palatable prices in grocery store aisles.Inflation has been easing broadly for more than a year now, and it’s been cooling faster for grocery items since the middle of the year.

 

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