Restaurant Performance Index Posted a Moderate Gain in June
Driven by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a moderate improvement in June. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.6 in June, up 0.5 percent from a level of 101.2 in May.
June’s RPI was buoyed by stronger same-store sales, with a majority of restaurant operators reporting higher sales for the first time in three months. Although operators reported mixed customer traffic results in June, it was an improvement over traffic declines in the previous two months. On the flip side, expectations...
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