Menu-price growth strongest in the Northeast and West regions

Menu prices continue to rise at a moderate pace, according to data from the Bureau of Labor Statistics. Menu prices increased 2.9 percent in the 12 months ending May, which represented the 18th consecutive month with growth in the 2.8 percent to 3.3 percent range.

On a regional level, menu prices registered the strongest gains in the Northeast (4.0 percent) and West (3.8 percent) regions. Menu prices rose 2.6 percent in the South region, and just 1.4 percent in the Midwest.

Grocery store prices jumped 4.8 percent during the 12 months, their strongest growth in more than eight years.

Overall consumer prices edged up 0.1 percent during the last 12 months, their smallest gain in nearly five years.

Track more economic indicators and read more analysis and commentary from the Association's chief economist Bruce Grindy.