Why fast food sales are falling

I’ve never been a fast food nazi. Fast food is a nice luxury to have when life is busy. Just don’t eat it everyday.

Business Insider pointed out how fast food sales are dropping and may have found one reason why:

The real reason may be a bit simpler: It’s getting cheaper for Americans to eat at home.

The price of food at grocery stores has actually been on the decline since the end of 2015, based on the Consumer Price Index for food at home. In fact, in July (the most recent data available), the cost of food at home declined 1.55% from the same month a year ago.

On the other hand, the cost of food away from home – what you pay at restaurants – is still on the rise. In July, prices for food away from home rose 2.79% from same month last year.

You can read the whole article here


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.