Saturday, September 10, 2022

Trends: As Prices Rise, Consumers Shift to Meals at Home

From PYMNTS.com, September 9:

With ongoing food price increases come even more consumers opting out of restaurant purchases in favor of more affordable meal options.

By the Numbers

Research from PYMNTS’ study Consumer Inflation Sentiment: Inflation Slowly Ebbs, but Consumer Outlook Remains Gloomy,” which drew from an August survey of 2,169 consumers, found that 78% expect to eat at home more often to save money, up slightly from the 77% that said the same the month prior.

The Data in Action....

....MUCH MORE