Understanding the Consumer Price Index and current inflation levels

We may be hitting a ceiling on menu inflation. January’s Consumer Price Index report was released Tuesday morning, showing that menu prices were up 0.6% in January.

Broken down by segment, full-service menu prices were up 0.5%, while limited-service prices were up 0.7%. This is against the backdrop of an 8.2% increase in menu prices year-over-year, including 8.1% in the full-service category and 6.7% in the limited-service category.  

Related: January data proves this inflationary environment is very stubborn

Hear more from executive editor Alicia Kelso.