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The NPD Group
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High Inflation and Rising Menu Prices in Second Quarter Keep U.S. Restaurant Visits Below a Year Ago
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Chicago, IL – August 2022 / Newsmaker Alert: Feeling the impact of high inflation and rising menu prices, U.S. consumers cut back on their restaurant visits in the second calendar quarter of 2022, reports The NPD Group. Physical and online restaurant traffic declined by 2% in the quarter versus a year ago, -6% below the pre-pandemic level in the same quarter in 2019. Consumer restaurant spending, which reflects higher costs in contrast to increased visits, was up 2% in the quarter compared to the same quarter year ago and increased by 3% versus the pre-pandemic second quarter in 2019.

Visits to quick service restaurants (QSRs), representing 82% of total restaurant traffic, declined by 2% in the second quarter compared to last year’s quarter, 3% below the pre-pandemic level for the same period in 2019. QSR fast casual restaurant traffic was down 1% in the second quarter of this year compared to a year ago and was up 8% versus the same quarter in 2019. Full service restaurant (FSR) visits, representing 18% of restaurant visits, were down 3% in the quarter versus a year ago and declined by 20% compared to the second quarter of 2019, according to NPD’s daily tracking of the U.S. foodservice industry.

At the dinner daypart, which holds the largest traffic share among dayparts at 34%, traffic declined by 2% in the quarter versus a year ago. Lunch visits, representing 30% share, decreased by -3% from a year ago. The morning meal daypart, which includes breakfast and A.M. snack and represents 20% of daypart traffic share, fared best out of all dayparts, ending the quarter flat to a year ago. Visits at P.M. snack, representing 16% of daypart share, declined by 6% in the second quarter compared to a year ago.

“Consumers continue to deal with rising inflation and higher prices. We see three ways consumers respond to higher menu prices. They trade down to lower-priced items, cut back on the number of items ordered, or reduce restaurant visits altogether,” says David Portalatin, NPD Food Industry Advisor and author of Eating Patterns in America. “Restaurant operators and manufacturers can win in this environment by differentiating value, understanding that value doesn’t always translate to the lowest price. Quality and value become a critical differentiator when consumers spend on a restaurant meal during these challenging times.”

About The NPD Group
NPD is a global market information company offering data, industry expertise, and prescriptive analytics to help our clients understand today’s retail landscape and prepare for the future. Over 2,000 companies worldwide rely on us to help them measure, predict, and improve performance across all channels, including brick-and-mortar, e-commerce, and B2B. We have services in 21 countries worldwide, with operations spanning the Americas, Europe, and APAC. Practice areas include apparel, appliances, automotive, beauty, books, B2B technology, consumer technology, e-commerce, fashion accessories, food consumption, foodservice, footwear, home, home improvement, juvenile products, media entertainment, mobile, office supplies, retail, sports, toys, and video games. For more information, visit NPD.com. Follow us on Twitter: @NPDgroup.

Media Contact:
Kim McLynn
The NPD Group
847-692-1781

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Publishing Dates: 08/02/22 – 10/02/22
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