1851

The cost of dining out isn’t going down any time soon. Restaurants have announced <a href="https://1851franchise.com/restaurants-increase-menu-prices-due-to-inflation-2717700#stories">menu price increases</a> for several months now as inflation continues to rise and reaches numbers that haven’t been seen in decades.The U.S. Department of Labor released its latest numbers on consumer prices, showing that <a href="https://1851franchise.com/inflation-hits-40-year-high-of-75-what-it-means-for-restaurants-2717993#stories">inflation rose 7.5%</a> from February 2021 to February 2022, the highest increase since February 1982.In the wake of the latest numbers from the Department of Labor, <a href="https://www.nrn.com/casual-dining/bloomin-brands-plans-5-price-increase-offset-inflation-costs?utm_source=1851franchise.com&utm_medium=article&utm_campaign=national-restaurant-brands-announce-menu-price-increases-as-inflation-reaches-40-year-high-2718074" target="_blank" rel="nofollow">Bloomin’ Brands</a> announced an increase in prices 5%, up from the original 3% it initially planned to increase, in order to combat economic pressures resulting from inflation. Also increasing menu prices is <a href="https://www.nrn.com/casual-dining/cheesecake-factory-plans-menu-price-increases-push-protect-margins?utm_source=1851franchise.com&utm_medium=article&utm_campaign=national-restaurant-brands-announce-menu-price-increases-as-inflation-reaches-40-year-high-2718074" target="_blank" rel="nofollow">The Cheesecake Factory</a>, which said it will raise prices 3.25% in February along with its new menu, with future increases expected throughout 2022.&nbsp;<a href="https://www.nrn.com/fast-casual/shake-shack-raise-prices-3-35-march?utm_source=1851franchise.com&utm_medium=article&utm_campaign=national-restaurant-brands-announce-menu-price-increases-as-inflation-reaches-40-year-high-2718074" target="_blank" rel="nofollow">Shake Shack</a> will raise prices by 3% to 3.5% in March, after raising menu prices in October 2021. “The environment of commodity and labor wage inflation is still taking material impact on our restaurant margins,” said Randy Garutti, chief executive officer of Shake Shack. “We expect this dynamic for the foreseeable future.”As inflation continues and the Fed is expected to hike interest rates throughout the year to calm inflation, restaurant brands around the country are expected to continue to raise menu prices.Related articles:&nbsp;<ul><li><a href="https://1851franchise.com/inflation-hits-40-year-high-of-75-what-it-means-for-restaurants-2717993">Inflation Hits 40-Year High of 7.5%: What It Means for Restaurants</a></li><li><a href="https://1851franchise.com/capitalspring/qsr-magazine-why-value-will-make-a-fast-food-comeback-in-2022-2717678#most-recent-stories">Why Value Will Make a Fast-Food Comeback in 2022</a></li></ul>

National Restaurant Brands Announce Menu Price Increases as Inflation Reaches 40-Year High

1851 Franchise

Inflation is the highest it's been in 40 years, and restaurant brands around the country are raising menu prices to offset the economic pressure.

national-restaurant-brands-announce-menu-price-increases-as-inflation-reaches-40-year-high

Pet Wants

Why Fresh, Healthy Food Matters for Your Pet's Long-Term Health

fresh-pet-food-unleashing-the-power-of-healthy-nutrition-for-your-furry-family

Caring Transitions

Caring Transitions Targets Fresno, California, for Franchise Growth

caring-transitions-targets-fresno-california-for-franchise-growth

Strategic Franchising

Work-Life Balance as a Franchise Owner: Is It Possible?

work-life-balance-as-a-franchise-owner-is-it-possible

The Top 10 Questions To Ask Before Buying a Franchise

top-10-questions-to-ask-before-buying-a-franchise

Caring Transitions Targets Memphis, Tennessee, for Franchise Growth

caring-transitions-targets-memphis-tennessee-for-franchise-growth

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Roof Scientist Launches Franchise Opportunity, Revolutionizing Roof Preservation with Innovative Technology

roof-scientist-launches-franchise-opportunity-revolutionizing-roof-preservation-with-innovative-technology

Restaurant Business: How McDonald's Is Restructuring To Compete With Specialized Chains

restaurant-business-how-mcdonalds-is-restructuring-to-compete-with-specialized-chains

Design with hundred dollar bill and orange "recession" banner across the middle

ABC News: Recession Risks Are Rising, Economists Say. Here’s What to Know.

recession-risks-impact-economy-franchise-world

NRA: Restaurants Focus On Enhancing In-Store Experiences To Attract Diners in 2025

nra-restaurants-focus-on-enhancing-in-store-experiences-to-attract-diners-in-2025

The Joint Chiropractic - Dr. Anthony Tran - IFA Franchisee of the Year - 1851 Franchise

The Joint Chiropractic’s Dr. Anthony Tran Named Franchisee of the Year by the IFA

joint-chiropractic-dr-anthony-tran-ifa

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

DOJ FTC Antitrust Guidelines - Franchise News - 1851 Franchise

DOJ and FTC Issue New Antitrust Guidelines with Implications for Franchising

doj-and-ftc-issue-new-antitrust-guidelines-with-implications-for-franchising

Photo of a basket of chicken wings with dipping sauce and celery

RestaurantNews: Franchisees File Comprehensive Legal Complaint Against Hurricane AMT

restaurantnews-franchisees-file-comprehensive-legal-complaint-against-hurricane-amt

TruGolf - Hybrid Golf Franchise - Nexus Golf - 1851 Franchise

TruGolf Links Unveils Revolutionary Hybrid Golf Franchise Concept

trugolf-links-unveils-revolutionary-hybrid-golf-franchise-concept

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Top 25 Emerging Restaurant Franchises - 1851 Franchise

Top 25 Emerging Restaurant Concepts to Consider in 2025

top-emerging-restaurant-concepts-to-consider

Domonique Downing - Big Frog Franchise - Fayetteville, GA - 1851 Franchise

Coca-Cola Scientist Finds Path to Autonomy with Big Frog Franchise in Fayetteville, Georgia

big-frog-franchise-fayetteville-georgia

The Top Quick Service Restaurant Franchises for 2025

the-top-quick-service-restaurant-franchises

National Restaurant Brands Announce Menu Price Increases as Inflation Reaches 40-Year High

MORE STORIES LIKE THIS