New Acosta Report Explores the Rising Impact of Inflation on Consumer Dining Habits – QNT Press Release


The latest The Why? Behind the Dine™ reveals while 54% of consumers are eating out less often, about one-third are reducing spending to curtail rising foodservice costs

JACKSONVILLE, Fla., May 19, 2022 /PRNewswire/ — Acostaa global integrated sales and marketing services provider in the consumer packaged goods (CPG) industry, today released its sixth edition of The Why? Behind the Dinea research report providing foodservice-specific insight bolstered by the expertise of its CORE Foodservice division.

Acosta’s findings show that while most consumers (54%) are dining out less often due to inflation, about one-third are choosing to trade down rather than trade out, opting for less expensive restaurant and meal options to counter rising prices.

“COVID-19 hit the foodservice industry hard,” said Travis KingPresident of CORE Foodservice. “While recovery remains on …

Full story available on Benzinga.com



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