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Inflation Squeezes Restaurant Industry, Stock Market Volatility
Published 10 hours ago
Description
Inflation soars to 3.8%, squeezing household budgets and hitting the restaurant industry hard. McDonalds bucks the trend with 3.7% growth as consumers trade down to cheaper options. Stock market volatility hits the sector, with Kura Sushi seeing 39 moves of over 5% in the last year. Investors eye supply chain relief for potential market stabilization.
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