Inflation is perceived as a critical problem by the vast majority of Italians. Therefore, citizens were forced to change their everyday non-food consumption habits. In 2025, rising prices led half of the interviewees to reduce their spending on eating out and 48 percent decided to cut their free time and clothing costs. Energy was directly affected by inflation too, as 30 percent of Italians opted for diminishing spendings in this sector. On the contrary, only eight percent decided to contract education expenses.
In 2023, Poles were most likely to cut back on spending on eating out and going out to restaurants, cafes, etc., when prices soared.
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Cost of food in India decreased 1.06 percent in June of 2025 over the same month in the previous year. This dataset provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In a 2022 survey, U.S. consumers cut spending in many categories. It was the most common for consumers to reduce spending for food and groceries. Only about ** percent of consumers reported cutting back their spending for eating out and entertainment purposes.
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Restaurants have experienced surging recovery and record inflation in the past few years as they continue to serve the public's appetite. After the pandemic, chain restaurants contended with high inflation that reduce customers' willingness to dine out. Later on, soaring operational costs have pressured industry profitability, driving some chains out of the industry. Overall, over the five years to 2025, chain restaurant revenue expanded at a CAGR of 10.4% to $241.5 billion, including a 1.7% decline in 2025, where profit reached 4.7%.Massive part-time employment, a high establishment-to-operator ratio and heavy external competition differentiate the chain restaurant. However, the back-of-house technology many restaurant franchisees employ allows them to benefit from a parent chain's digital ordering system, unified marketing and negotiation leverage. Despite improving efficiency across franchises helping to keep menu prices low, cost-conscious consumers are considering other options, from meal kit delivery to fast-casual chains.Even while experiencing 2022's historic inflation, restaurants are also expected to suffer from the US-Canada tariffs that pushing up purchase costs. However, market leaders are pursuing international growth to balance national chain saturation, while niche chains pop up to provide customized food options and thematic, personalized service. In addition, restaurant chains of all sizes implement technology to speed up kitchen tasks, take mobile orders and track social influence. By 2030, revenue will rise at a CAGR of 1.8% to $264.5 billion.
The inflation rate for restaurants and hotels in the European Union was 4.4 percent in January 2025. During this month, the inflation rate for the EU as a whole was 2.8 percent, a significant reduction from its peak of 11.5 percent in October 2022.
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Full-service restaurants in Canada thrived from the pandemic low, driven mainly by rising levels of consumer spending. However, the unwelcome high inflationary pressure following the pandemic has reduced customers' propensity to dine out as menu inflation surpassed food inflation. As a result, soaring operational costs and lower consumer interest in dining out have suppressed the industry's overall growth. Nonetheless, industry revenue has expanded an annualized 10.8% to $49.5 billion over the past five years, including 2.7% growth in 2025 alone. Likewise, industry profit has improved, accounting for 4.4% of industry revenue. This industry primarily consists of many small, independent, single-location restaurants, making the market quite fragmented. The notable players are franchises that mainly acquire revenue through royalty fees. Over the past five years, full-service restaurants have grappled with soaring costs, especially regarding wages and ingredients. Minimum wages and a restriction on temporary foreign worker supply have driven labor expenses for restaurants, which have already endured staff shortages. In 2025, the US-Canada tariff war is expected to worsen the situation. The tariffs on US-imported produce will force restaurants to work on their current supply chains, such as shifting to source locally and other countries like Mexico. In the outlook period, industry revenue is expected to continue growing, albeit at a slower pace. A decline in household income levels and continued tariff threats will likely drive customers from frequenting full-service restaurants. Consequently, industry revenue is projected to increase at an annualized rate of 1.5%, resulting in $53.5 billion over the five years to 2030.
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United States Food & Beverage Price Inflation: MoM: Shelf-Stable Meals & Ing data was reported at 0.500 % in Nov 2022. This records a decrease from the previous number of 1.200 % for Oct 2022. United States Food & Beverage Price Inflation: MoM: Shelf-Stable Meals & Ing data is updated monthly, averaging 1.100 % from Sep 2022 (Median) to Nov 2022, with 3 observations. The data reached an all-time high of 1.200 % in Oct 2022 and a record low of 0.500 % in Nov 2022. United States Food & Beverage Price Inflation: MoM: Shelf-Stable Meals & Ing data remains active status in CEIC and is reported by Information Resources Inc.. The data is categorized under Global Database’s United States – Table US.I117: Retail Food and Beverage Inflation.
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United States Food & Beverage Price Inflation: YoY: Frozen Meals & Ingredients data was reported at 17.700 % in Nov 2022. This records a decrease from the previous number of 18.400 % for Oct 2022. United States Food & Beverage Price Inflation: YoY: Frozen Meals & Ingredients data is updated monthly, averaging 18.400 % from Sep 2022 (Median) to Nov 2022, with 3 observations. The data reached an all-time high of 18.400 % in Oct 2022 and a record low of 17.700 % in Nov 2022. United States Food & Beverage Price Inflation: YoY: Frozen Meals & Ingredients data remains active status in CEIC and is reported by Information Resources Inc.. The data is categorized under Global Database’s United States – Table US.I117: Retail Food and Beverage Inflation.
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Over the past five years, the premium steak restaurant industry has witnessed significant growth due mainly to rising disposable incomes, increased consumer spending and household earnings of over $100,000 annually. Despite this positive trajectory, 2020 brought a major setback due to mandated closures amid the pandemic, resulting in revenue losses. Nonetheless, easing restrictions following the 2021 vaccine rollout allowed the restaurants to restore their dine-in services, supporting the industry's revenue recovery. To the industry's detriment, this recovery faced a new challenge from increased inflation, causing customers to slowly tighten their discretionary spending. Despite these obstacles, industry revenue is expected to climb to an estimated $8.3 billion by 2024, with an annual growth rate of 5.1% over the past five years. This includes an anticipated decline of 0.5% in 2024 alone. One of the industry's strengths comes from its primary customers, corporate clients. Higher corporate profit has enabled businesses to spend on events at these restaurants. However, a decline in the number of households that earn an annual income of over $100,000 partially offset this trend. This affluent demographic has been contracting, reducing the consumer base for these high-end dining establishments. To the industry's benefit, as average income continues to strengthen, this dining experience is not limited to well-off customers but also to low-income consumers who visit premium steak restaurants for special occasions. The industry has also endured multiple challenges. Uncertainties surrounding the economy resulting from high inflation and rising unemployment have made customers wary of expensive nights out, which could negatively impact industry growth. Increased wage expenses and red meat costs are also pinching industry profit margins. Over the next five years, the industry's revenue is set to continue its upward trend, fueled by an improving macroeconomic environment. The projection indicates annual growth of 2.2%, driving industry revenue up to $9.2 billion by 2029. The number of affluent customers will recover during the outlook period, boosting revenue growth.
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The Fast-Food franchise industry has been influenced by changing consumer preferences and the convenience of online food ordering. Demand for cheaper, on-the-go food is boosting sales of fast-food chains. Fast-food establishments have had to adapt to changing consumer tastes and rising health consciousness by introducing healthier options in their menus and vegetarian and vegan offerings to capture booming demand. The rise of vegetarianism and veganism has helped smaller franchises that focus on serving these niche markets, but more traditional chains have also innovated and expanded their menu offerings. Revenue is expected to inch up at a compound annual rate of 0.1% over the five years through 2024-25 to £12.4 billion, including forecast growth of 3.9% in 2024-25. Revenue plunged in 2020-21 thanks to COVID-19 and the forced closure of industry establishments for sit-in services, though a boom in delivery services limited this drop. Revenue rebounded in 2021-22 due to the removal of restrictions and pent-up consumer demand for going out. Following the pandemic, fast-food franchises faced escalating operating costs due to the Russia-Ukraine conflict, which hiked up food and energy prices, hitting profitability. Cost-of-living pressures are driving more consumers towards cheap fast-food restaurants, though many are also cutting out discretionary spending on eating out. While inflation is cooling, lingering supply disruptions continue to pressure food costs, prompting franchises to streamline operations by sourcing locally and integrating AI-driven solutions into their supply chains. Intense competition and heightened operating costs have contracted the average industry profit margin, which is expected to be 8.9% in 2024-25. Revenue is forecast to climb at a compound annual rate of 4% over the five years through 2029-30 to reach £15 billion. The convenience and price offered by fast-food outlets will continue to drive demand. The growing popularity of online food delivery platforms and wider product offerings that appeal to consumer tastes will boost revenue. Gen Z’s growing spending power will shape fast-food franchises’ values and menu offerings. Fast-food franchises that provide clear nutritional information, source ingredients responsibly and continuously innovate their menus with new and exciting flavours will stand out in the competitive market.
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Oman Consumer Price Index (CPI): MoM: Restaurants and Hotels data was reported at -0.170 % in Mar 2025. This records a decrease from the previous number of 0.000 % for Feb 2025. Oman Consumer Price Index (CPI): MoM: Restaurants and Hotels data is updated monthly, averaging 0.010 % from Jan 2018 (Median) to Mar 2025, with 87 observations. The data reached an all-time high of 2.440 % in Oct 2022 and a record low of -0.720 % in Sep 2023. Oman Consumer Price Index (CPI): MoM: Restaurants and Hotels data remains active status in CEIC and is reported by National Centre for Statistics and Information. The data is categorized under Global Database’s Oman – Table OM.I002: Consumer Price Index: Month Over Month. CEIC calculates data for August and December 2021 from CPI due to missing inflation data for those periods.
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Asian restaurants serve a wide range of Asian cuisines, including long-standing British favourites like Indian and Chinese, as well as other flavours that have gained popularity in recent years, like Japanese and South-East Asian cuisines. Economic factors, like discretionary spending and shifting consumers’ tastes, influence the level of demand. Asian restaurants’ revenue is projected to fall at a compound annual rate of 12.6% over the five years through 2025-26 to £8.5 billion, including forecast growth of 1.6% in 2025-26. Like the rest of the hospitality sector, Asian restaurants are grappling with various challenges, limiting revenue prospects. With rampant food inflation, soaring energy prices and heightened wage expenses pushing up costs, Asian restaurants have been forced to pass these on to their customers to protect their profitability. At the same time, the cost-of-living crisis meant customers were tightening purse strings, with many opting to eat at home instead of dining out. To navigate these hurdles, restaurants have increasingly integrated technological advancements, like QR code ordering, to streamline operations and minimise costs. Additionally, emerging Asian cuisine flavours are keeping diners excited, propping up demand for Asian dining experiences. Rising health consciousness is driving the rapid introduction of healthy, vegetarian and vegan menu items, supporting growth opportunities. Although inflationary pressures have eased, cost pressures persist due to ongoing supply chain issues continuing to drive up food prices in 2025-26. Additionally, labour shortages and hikes in the National Living Wage continue to impact the bottom line of restaurants. To support margin growth, many are implementing cost-cutting strategies like streamlining their workforce, integrating automated technologies and reducing waste. Revenue is forecast to grow at a compound annual rate of 3.8% over the five years through 2030-31 to approximately £10.2 billion. Asian restaurants across the UK will keep introducing more flavourful, healthy menu options, with those at the higher end of the market focusing on creating unique menu items and customer experiences. Recovering economic conditions should boost demand from all income groups, paving the way for expansion opportunities for established Asian restaurant chains. Nevertheless, labour supply challenges will continue to pose a threat to Asian restaurants’ wage expenses. Still, restaurant operators investing in technological efficiencies and innovative menu offerings will prosper, catering to a growing demand for both convenience and quality in the Asian food scene.
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Consumers’ growing awareness of fast food’s nutritional content and shift towards healthier eating habits have challenged demand for fast food and takeaway food services. In response, fast food brands have expanded their menus to include more nutritious, premium options with reduced fat, sugar and salt. Major companies have adapted to this trend, with McDonald's expanding its premium burger range and KFC focusing on fresh, locally sourced ingredients. The number of chicken-based fast food, which is considered healthier than traditional fast food, is also increasing. The recent cost-of-living crisis has had a mixed impact on the industry as consumers ‘trade down.’ Although people are refraining from overspending on eating out, they’re preferring to spend on fast food meals instead of paying for full meals at restaurants. Industry revenue is expected to have grown at an annualised 2.6% over the five years through 2024-25 to $29.6 billion. This trend includes an anticipated 2.9% jump in 2024-25. Consumers’ surging reliance on online delivery platforms during the pandemic boosted industry revenue but also pressured profitability, since online delivery platforms charge commissions per order. Rising food inflation has led businesses to increase menu prices to offset higher purchasing costs, with most major franchises able to pass on costs downstream to consumers, which has driven profitability growth over the five years through 2024-25. Shifting consumer preferences and evolving business models will drive industry growth over the coming years. Companies will increasingly focus on offering plant-based alternatives, reshaping their menus, with major brands set to expand their vegetarian and vegan options to capture rising demand for sustainable, health-conscious meals. Refranchising will also improve industrywide profitability, as fast food giants will reduce their operational costs by shifting company-owned stores to franchisees. This model allows brands to focus on marketing and innovation while franchisees manage day-to-day operations. These strategies, alongside international expansion, will boost competition and industry growth. Revenue is forecast to rise at an annualised 4.3% over the five years through 2029-30 to reach $36.6 billion.
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United States Food & Beverage Price Inflation: MoM: Frozen Meals & Ingredients data was reported at 0.600 % in Nov 2022. This records a decrease from the previous number of 1.100 % for Oct 2022. United States Food & Beverage Price Inflation: MoM: Frozen Meals & Ingredients data is updated monthly, averaging 1.100 % from Sep 2022 (Median) to Nov 2022, with 3 observations. The data reached an all-time high of 1.300 % in Sep 2022 and a record low of 0.600 % in Nov 2022. United States Food & Beverage Price Inflation: MoM: Frozen Meals & Ingredients data remains active status in CEIC and is reported by Information Resources Inc.. The data is categorized under Global Database’s United States – Table US.I117: Retail Food and Beverage Inflation.
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A weak spending environment amid economic headwinds casts a shadow over industry performance. Squeezed budgets amid the cost-of-living crisis were a double-edged sword for takeaways and fast-food restaurants over the two years through 2023-24: some consumers cut back on takeaways, while others traded down from full-service restaurants to takeaways and fast food. Inflationary pressures resulted in hikes in labour, energy and sourcing costs, straining profitability. Those with higher disposable incomes have been less impacted, demanding higher quality and healthier options, typically with a higher price tag. Subsiding inflation and growing consumer confidence support spending in 2024-25, though economic uncertainty persists and limits growth. Revenue is projected to drop at a compound annual growth rate of 0.8% over the five years through 2024-25, reflecting ongoing challenges. However, forecast growth of 2.1% in 2024-25 suggests a rebound in the industry as cost-of-living pressures subside. The surge of online food ordering has fuelled revenue growth. While online sales peaked during the pandemic, consumers drawn to convenience have become accustomed to ordering takeaways and fast food online. The development of state-of-the-art online platforms and third-party online ordering platforms like Deliveroo and Uber Eats are becoming the bread and butter for takeaway and fast-food outlets, encouraging new players into the industry. Britons' growing health and sustainability consciousness presents an opportunity for takeaway and fast-food businesses to introduce more expensive organic and meat-free menu items to boost revenue and profit. Britons’ tastes for healthy and sustainable takeaway options will continue to climb. Stricter legislation regarding the adverse effects of consuming junk food will promote product development innovation and healthy fast-food alternatives, driving additional revenue streams. As workers return to the office more permanently, demand for takeaway lunch options will swell. Fast food chains will pump money into aggressive expansion plans to secure market share and streamline costs. Investment in marketing will likely swell as operators turn to social media and online advertising to attract younger consumers and secure long-term revenues. Spending on innovation will persist as major players leverage AI and technology advancements to differentiate themselves from competitors and further demand. Revenue is forecast to climb at a compound annual rate of 2.9% to £26.6 billion over the years through 2029-30.
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Russia Consumer Price Index (CPI): Prev Month=100: Public Catering: Supper in Restaurant incl Alcohol data was reported at 100.160 Prev Mth=100 in Dec 2018. This records a decrease from the previous number of 100.230 Prev Mth=100 for Nov 2018. Russia Consumer Price Index (CPI): Prev Month=100: Public Catering: Supper in Restaurant incl Alcohol data is updated monthly, averaging 100.520 Prev Mth=100 from Jan 2003 (Median) to Dec 2018, with 192 observations. The data reached an all-time high of 102.480 Prev Mth=100 in Jan 2015 and a record low of 99.870 Prev Mth=100 in Jul 2018. Russia Consumer Price Index (CPI): Prev Month=100: Public Catering: Supper in Restaurant incl Alcohol data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA009: Consumer Price Index: Previous Month=100: Food.
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Over the five years through 2025, Ireland’s Restaurant and Takeaways industry’s revenue is expected to expand at a compound annual rate of 14.6%. It's no secret the food industry has struggled in recent years, with COVID-19 lockdown restrictions causing operational costs to become unmanageable, pushing many restaurants out of business. Following the pandemic, restaurants and takeaways faced rampant inflation, rising food prices and inventory bills. As consumers grapple with eroding incomes, passing on price hikes isn't the best idea. Unfavourable economic conditions have compelled industry establishments to reassess their operating models. By implementing cost-cutting strategies to reduce inefficiencies, restaurants and takeaway establishments can minimise price hikes for customers. Those who fail to adapt risk experiencing significant drops in profitability and may be forced to exit the market. In 2025, revenue is anticipated to inch upwards by 5.6% to reach €6.5 billion. Online food ordering and delivery platforms like Deliveroo offer a lifeline to restaurants, expanding their reach without the cost of in-house delivery networks. This trend has grown alongside the increasing prevalence of remote and hybrid working patterns, as workers increasingly rely on food delivery apps for the convenience and ease of obtaining meals with just a touch of a button. Meanwhile, ever-growing health and environmental awareness among Irish consumers means restaurants are increasingly adding healthy, vegetarian and vegan options, with gluten-free options gaining popularity. Restaurants that tap into customer data and cater to evolving trends and tastes, like McDonald's, are seeing strong sales prospects. Restaurant and Takeaway revenue is forecast to climb at a compound annual rate of 4.6% over the five years through 2030 to €8.2 billion. In the short term, confidence in Ireland’s hospitality sector will remain low, which is anticipated to lead to redundancies due to VAT hikes, wage inflation and weak consumer spending. Restaurants and Takeaways must adapt to survive. Strategies include revising menus, using cost-effective ingredients, offering promotions and being transparent about costs to avoid deterring customers. Diners’ increasing focus on health and global cuisines also drives menu changes. Marketing and promotions are crucial as social media can turn local spots into viral sensations. Diners seek experiences beyond food quality, with food festivals offering unique opportunities to explore new cuisines and engage with top chefs.
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Russia Consumer Price Index (CPI): Weights: Food: Public Catering: Supper in Restaurant incl Alcohol data was reported at 0.210 % in 2019. This records a decrease from the previous number of 0.220 % for 2018. Russia Consumer Price Index (CPI): Weights: Food: Public Catering: Supper in Restaurant incl Alcohol data is updated yearly, averaging 0.258 % from Dec 2012 (Median) to 2019, with 8 observations. The data reached an all-time high of 0.269 % in 2016 and a record low of 0.210 % in 2019. Russia Consumer Price Index (CPI): Weights: Food: Public Catering: Supper in Restaurant incl Alcohol data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA027: Consumer Price Index: Weights.
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Kyrgyzstan Consumer Price Index (CPI): Hotels and Restaurants data was reported at 99.579 Prev Mth=100 in Jun 2018. This records a decrease from the previous number of 99.678 Prev Mth=100 for May 2018. Kyrgyzstan Consumer Price Index (CPI): Hotels and Restaurants data is updated monthly, averaging 100.298 Prev Mth=100 from Jan 2003 (Median) to Jun 2018, with 186 observations. The data reached an all-time high of 114.853 Prev Mth=100 in Oct 2007 and a record low of 95.655 Prev Mth=100 in Mar 2014. Kyrgyzstan Consumer Price Index (CPI): Hotels and Restaurants data remains active status in CEIC and is reported by National Statistical Committee of the Kyrgyz Republic. The data is categorized under Global Database’s Kyrgyzstan – Table KG.I002: Consumer Price Index: Previous Month=100.
Inflation is perceived as a critical problem by the vast majority of Italians. Therefore, citizens were forced to change their everyday non-food consumption habits. In 2025, rising prices led half of the interviewees to reduce their spending on eating out and 48 percent decided to cut their free time and clothing costs. Energy was directly affected by inflation too, as 30 percent of Italians opted for diminishing spendings in this sector. On the contrary, only eight percent decided to contract education expenses.