The Restaurant Performance Index fell -0.8% MoM to 99.3 in December 2025, marking weaker industry conditions after briefly reaching expansion territory in November.

• The RPI declined from 100.0 in November to 99.3 in December, the lowest reading since March and a return to contraction below the 100 threshold.

• The Current Situation Index dropped -1.0% MoM to 98.3, its lowest level since February and the sixth straight month below 100, reflecting softer operating conditions.

• Within current conditions, same-store sales slipped to 98.3 (-2.0% MoM) and customer traffic fell to 96.8 (-1.2% MoM), representing the sharpest monthly declines among components.

• Labor edged down to 97.8 (-0.5% MoM) while capital expenditures remained relatively firm at 100.2 (-0.2% MoM), showing softer activity alongside steady investment.

• The Expectations Index decreased -0.6% MoM to 100.2, staying just above expansion territory but signaling reduced optimism.

• Expectations for same-store sales declined to 100.9 (-1.8% MoM) and staffing to 100.1 (-0.7% MoM), while business conditions improved modestly to 99.5 (+0.5% MoM).