As commodity costs continue to escalate, the burger giant will take price bump
The largest restaurant chain has spoken, and it is increasing menu prices bit by bit throughout the year to offset rising commodity costs. Facing a new outlook on commodity inflation, which doubles food cost expectations for its U.S. market, McDonald’s said it took a 1-percent menu price increase in March. The company said it would keep taking small, additional menu price increases — at levels below the food-away-from-home inflation rate — to keep margins in check and ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?