Rising Inflation Leads Consumers to Reduce Restaurant Visits Instead of Trading Down, Report Finds
![](https://globalretailoutlook.com/wp-content/uploads/2023/06/rising.png)
June 5, 2023 :During the Great Recession, consumers sought out bargains and opted for cheaper dining options to cope with financial constraints. However, a recent report from AlixPartners reveals that as inflation continues to squeeze their budgets, consumers are now more likely to reduce their restaurant visits altogether.