..While overall food inflation has slowed, the cost of eating out is outpacing that of cooking at home, with the consumer price index for food at home up 2.4 per cent and food away from home up 3.8 per cent in the 12 months to June. The US Department of Agriculture predicts that the cost of eating out will continue to rise faster than meals at home. Last year, consumers spent $1.1 trillion on food at home and $1.5 trillion on food away from home, including taxes and tips…
