Survey: Restaurants reluctant to raise menu prices

Survey: Restaurants reluctant to raise menu prices

Restaurant chains reveal slowdown in 2012 menu price increases despite rising commodities costs

Restaurant chains are increasingly reluctant to raise menu prices despite projections of a 3-percent increase in commodity prices overall in 2013, according to a new survey by purchasing support firm SpenDifference LLC.

Menu prices rose in 2012 at a slightly lower average rate than in 2011, according to the 35 chain restaurant executives across all segments that responded to the Denver-based firm’s surveys.

The survey that was conducted in November r

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