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Restaurant Menu Prices
Detailed full-service restaurant menu price data from the US, offering insights into inflation, consumer spending, and economic behavior.
$1.5 million / yr.
Background
As dining habits evolve and inflation impacts household budgets, restaurant menu prices provide a tangible measure of economic shifts. Unlike fast food, full-service restaurant pricing offers deeper insights into consumer spending and price inflation across various income brackets. Hedge funds and analysts are eager to tap into this underutilized dataset to understand trends in dining costs and assess their role in inflation indices like the Consumer Price Index (CPI).
Why It’s Valuable
Inflation Tracking: Full-service restaurant prices are a key, yet underrepresented, component of CPI-related indices.
Economic Behavior Insights: Changes in menu prices can signal shifts in consumer spending patterns and preferences.
Sector-Specific Trends: Analyzing restaurant pricing helps identify regional trends, supply chain issues, and competitive dynamics.
Requested Data
The specific data types, insights, and signals requested by the buyer. As a data vendor, you only need to supply the raw data for one or more. You can use Tiki to create and deliver the requested insights and signals from your raw data.
Historical Pricing: Detailed price records for full-service restaurants across the US to track inflation over time.
Standardized Dishes: Like-for-like menu items to ensure comparability across time and regions.
Geographic Coverage: Focus on the US, with datasets offering regional or national insights.
Frequency: Ideally weekly data to capture fine-grained changes, but monthly data is also acceptable.
Buyer Interest
The types of data buyers who have expressed interest to Tiki and their respective use cases for this data. If you have the data required for this request, Tiki will introduce you to the buyer(s).
Hedge Funds and Quant Firms: Incorporating restaurant pricing into inflation and economic activity models.
Market Analysts: Leveraging menu prices as a proxy for disposable income and consumer confidence.
Food and Beverage Corporations: Monitoring price trends to inform pricing strategies and supply chain decisions.