President of McDonald’s USA clarified McDonald’s price inflation in a press release in response to 100% price increase claims by House Republicans…
A top McDonald's executive is weighing in on claims that the company has jacked up its prices by more than 100%.
McDonald's hasn't been immune from a long-awaited consumer pullbacks at restaurants. The fast food giant will soon offer a $5 value meal for about a month.Wednesday the average price of McDonald's menu items is up around 40% since 2019. The breakdown comes in response to claims on social media from"Americans across the country are making tough calls about where to spend their hard-earned money," Erlinger said.
Erlinger added the cost increases are tied to similar increases in input costs like crew salaries and cost of goods."For a brand that proudly serves nearly 90% of the U.S. population every year, we feel a responsibility to make sure the real facts are available," Erlinger said.3.4% over the last year, according to the latest data from the Bureau of Labor Statistics.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McDonald's exec says average menu item costs 40% more than 2019President of McDonald's USA clarified McDonald's price inflation in a press release in response to 100% price increase claims by House Republicans among others.
Read more »
France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Nov 13, 2023 when France 40 traded near 7,094.20.Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
Read more »
Ondo price shatters ATH, eyes 40% rallyOndo (ONDO) price broke its all-time high (ATH) of $1.05 on March 31, as the US Securities and Exchange Commission (SEC) approved Ethereum’s spot Ethereum Exchange Traded Fund (ETF) applications on Thursday.
Read more »
40 Things With ~Swanky~ Vibes Yet Low Price TagsBehold: Proof that you can be fancy *and* thrifty at the same time.
Read more »
Nearly 40 Dems call on Biden to lower 'sky-high' grocery costs: 'Use every possible tool'The letter drew criticism Monday, with some accusing the Democrats of being 'the party of runaway inflation.'
Read more »
Man who sexually assaulted, kidnapped ASU student sentenced to 40 years in prisonA man was sentenced to 40 years in prison after he was found guilty of the sexual assault and kidnapping of an ASU student in October 2021.
Read more »