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WebNov 3, 2024 · Coffee saw the highest price menu growth at 12% in July year-over-year, according to YipitData information emailed to Restaurant Dive. Pizza prices were up 11% while fast casual menu prices rose 9% year over year. Chipotle increased menu prices by 4% in August on top of a 10% increase seen in 2024. McDonald’s hiked prices by 8% during … WebAccording to Forbes magazine, a fine-dining restaurant's average cost of raw food is around 38 to 42 percent of menu price, but only 5 to 8 cents of every dollar goes to the restaurateur. The rest is swallowed up in overhead, payroll and food costs. So, restaurants want to maximize revenue. the pink summer sphere
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