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In this morning’s edition of The Macro Show, Hedgeye Consumables analyst Howard Penney breaks down how inflation is launching a multipronged attack on the restraint industry.

"Inflation is a real problem for the restaurant industry. It’s across the board; supply disruptions, labor is a significant issue, and price surges are hurting demand,” explains Penney as he describes the data behind restaurants’ struggles, and his outlook for the industry.