Taking a closer look at rising food costs

Rising food costs have been in the news for months, with consumers, grocers, and restauranteurs continuing to feel the pinch. In an effort to combat the continued inflation and offset restaurant costs, U.S. menu prices jumped 7.6 per cent in July, just a slight decrease from June’s 40-year high. Though there has been a recent dip […]

Restaurant operators becoming more pessimistic about the future

The pain of the height of the pandemic may be behind us, but the trauma continues for foodservice. U.S. restaurant operators are getting less and less confident about the future of the industry, according to new data from the National Restaurant Association. A new survey from the association found that nearly half (46 per cent) […]

Has restaurant food inflation finally peaked in Canada?

New Consumer Price Index data from Statistics Canada released August 16 reported that Canada’s inflation rate saw its first monthly decline in a year, and food inflation also appears to finally be tailing off. Inflation slowed to 7.6 per cent in July, largely driven by a decline in gas prices. The rate of change had […]

Which dishes, mealparts have seen the biggest price increases on Canadian menus?

Price increases, price increases, price increases. Those have been the words that have defined not just foodservice but life in general for Canadians over the last few months as the effects of decades-high inflation continue to be felt in every corner. On restaurant menus, everything from appetizers to entrees to sides to drinks has been […]

Canada’s annual food inflation rate at 8.8% in June

Canada’s inflation rate, which has been making unwanted headlines for months, has hit another high-water mark. In June 2022, the annual rate of inflation was 8.1 per cent compared to June 2021, its largest yearly change since January 1983. Food inflation continues to outpace that figure. That figure is up 0.4 per cent from the […]

Half of Canadian restaurants fear closure by fall

Nearly half of Canadian restaurants are struggling to stay afloat and fear they will not even make it to fall. According to Alignable’s Small Business Revenue Report, 47 per cent of Canadian SMBs say they are at risk of closing by the fall due to multiple persistent pressures including inflation, labour struggles, and a stretched […]

Rising food prices: inflation or “greedflation”?

Food, whether it is in the grocery store or in a restaurant dining room, is significantly more expensive than it was a year ago. While general inflation, as well as the lasting impacts of COVID-19 and the conflict in Ukraine, have driven this trend, some are placing blame on grocery stores and other sellers for […]