Is fast food becoming a luxury item? How consumers are responding to changes in food prices

Reported 4 months ago

As food prices remain high, consumers are cutting back on dining out and fast food due to the increasing costs. Grocery prices for items like dairy, beef, and cereal have risen, leading Americans to eat at home more to save money. Fast food chains are adjusting by offering cheaper items, but consumers are still feeling the pressure of rising food prices, with over 55% preferring to cook at home for a budget-friendly meal.

Source: YAHOO

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