Steve & Gina in the Morning

Steve & Gina in the Morning

Steve & Gina are proud to be part of the Kat Country Community. Listen weekdays from 5:30am-10:00am Full Bio

 

You may find a higher restaurant tab next time you go out!

If it seems like your restaurant tab is higher than it used to be, you're probably right! A report from the U.S. Department of Labor released Friday finds that last month, full-service restaurants raised prices by the biggest jump since 2011. Restaurant prices climbed 0.5 percent in December from the prior month, the biggest gain since March 2011; meanwhile, limited-service restaurants posted a 0.4 percent price increase, the most in almost a year. Bloomberg reports that the increase is due to higher labor and food costs. The outlet also notes that grocery prices aren't rising nearly as fast, leading experts to suggest that more and more people may eat at home in the coming months.

Full article HERE


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