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Zenger
Zenger
Lifestyle
Robert Kuczmarski

This Chipotle Analyst Sees Further Upside In 2023 As The Cost Of Dining In Overtakes Dining Out

Chipotle Chris Brandt Chipotle Mexican Grill TikTok Oppenheimer United States
A Chipotle Restaurant Ahead Of Earnings FiguresSignage outside a Chipotle restaurant in Atlanta, Georgia, US, on July 23, 2022. ELIJAH NOUVELAGE/BLOOMBERG VIA GETTY IMAGES 

Food inflation is now up 11.2% for the 12 months ending in September, and the figure has a striking detail.

Food at home inflation is up 13%, while food away from home is only up 8.5% over the last 12 months. 

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