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As grocery costs have gone up, fast-food prices have seen sharp increases, too. A meal at Chipotle on average 10% more than it did a year ago, according to the company’s earnings call last week.
The cost of a Big Mac or a Chalupa has doubled since 2019, according to archived and current pages of the Fast Food Menu Prices online tracker. Restaurant inflation ... Fast-food prices have ...
In the Bureau of Labor Statistics’ Consumer Price Index, the food at home category rose only 1.3% between December 2022 and December 2023, but food away from home rose 5.2%.
In November, egg prices shot up by 8.2% nationwide, logging one of the highest monthly spikes in the past two decades, according to Consumer Price Index data released last week. And it’s not ...
For instance, the price of a burger, fries and soda went up 18.9% at Wendy’s. But prices at Burger King soared the highest at a whopping 21% increase, an average cost difference that climbed ...
The report also says from 2014 to 2024, the average menu prices for fast-food increased between 39% and 100%. The data suggest the hike in menu prices are due to inflation.
How does fast food inflation compare to actual inflation? According to the Bureau of Labor Statistics, the cost of goods in the U.S. has risen 31% since 2014, meaning $100 in 2014 dollars is worth ...
In February, overall food prices remained flat for the first time since April 2023. Some items have even gotten cheaper over the course of the year. Apple prices plunged 13.2%, thanks largely to ...