Food Inflation Sends the American Diner Index Soaring 13%
The steep cost for the ingredients for a club sandwich and sides shows inflation’s effect on a basic meal.
WATCH: Food Inflation Sends the American Diner Index Soaring 13%
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The cost of preparing a classic lunch at an American diner has shot up by almost 13% in a year.
To track inflation’s effect on a beloved menu choice, Bloomberg created an American Diner Index that includes ingredients for the toothpicked club sandwich, as well as the accompanying potato chips, ice cream and soda. Although restaurant owners don't necessarily pass all rising expenses onto their customers, the gauge provides an insight into how much more expensive it's become to assemble a basic meal.