Stronger Sales, Traffic Fuel RPI in April
SEAFOODNEWS.COM [National Restaurant Association] June 1, 2016
Fueled by stronger same-store sales and customer traffic results, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a moderate gain in April. The RPI stood at 101.6 in April, up 0.9 percent from March.
“The RPI’s April increase was driven by improvements in the current situation indicators over March,” said Hudson Riehle, senior vice president of research at the National Restaurant Association. “In contrast, the Expectations Index softened for the third consecutive month, as restaurant operators remained uncertain about future business conditions.”
The RPI consists of two components – the Current ...
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