Inflation Squeezes Middle Class Dining Budgets

• Inflation is driving up prices for food and restaurant services, making dining out more expensive • Middle class wages are not keeping up with inflation, reducing households' purchasing power • The overall cost of living has increased significantly, leaving less disposable income for indulgences like dining out • Restaurants are raising prices due to higher operating costs, further reducing the frequency of dining out • The value proposition of dining out no longer justifies the total cost when compared to cooking affordable meals at home