As grocery prices drop, consumers cut back on restaurant visits

As grocery prices drop, consumers cut back on restaurant visits

With prices for supermarket foods continuing to fall and those for restaurant meals continuing to rise, many economically humbled consumers are cutting back on dining out and rediscovering the joy of grocery shopping.

The U.S. Labor Department’s consumer price index for food at home has declined nearly 2 percent in the 12-month period ended in August. The last time the index declined more than 1 percent over the previous year was in 1992. Meanwhile, in the 12-month period ended in Aug

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