NPD Group: Restaurant Traffic Dips in April as Food Prices Soar
The NPD Group credited food inflation and rising costs of a meal in foodservice for the 4% decline in consumer visits to U.S. restaurants in April, compared to 2021.
NPD said that the price of a foodservice meal is up 9% when compared to April 2019 and traffic was down 11% when compared to the same month in 2019 before the pandemic.
Overall online and physical visits to quickservice restaurants (QSR) dropped by 4% and is 6% below the April 2019 pre-pandemic baseline. Traffic...
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