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High gas prices are hurting restaurant sales — but not all chains
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- From Domino's Pizza to Applebee's, restaurant chains are reporting that sales softened in March as gas prices spiked.
- The U.S. war with Iran has led to an average national gas price of more than $4.50 per gallon — and contributed to a new record low for consumer sentiment.
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From Domino's Pizza to Applebee's, restaurant chains are reporting that sales softened in March as gas prices spiked.
The U.S. war with Iran has led to an average national gas price of more than $4.50 per gallon — and contributed to a new record low for consumer sentiment. As consumers pay more for their fuel, they are trying to save money in other areas. A survey of drivers conducted by Numerator found that 43% of respondents have cut back on dining out and takeout since gas prices started climbing.
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