Grocery, Restaurant Executives See Inflation Altering Consumer Spending

Unrelenting inflation is rising stress on eating places and grocery store manufacturers as they compete for more and more price-conscious customers, executives mentioned.

As costs climb on restaurant menus and grocery-store cabinets, some packaged-food makers see extra Americans making meals at house to save cash, whereas restaurant operators are altering their choices to manage. U.S. customers this 12 months are coping with the steepest food inflation in over 40 years, in addition to considerations over a possible recession.