Opportunities around the world
(Continued from page 1) Historically, McDonald’s has been able to enact menu price increases most years between 2 percent and 3 percent to counter usual increases in food or labor costs. However, Bensen said, inflation in general in the United States has trended below 2 percent, and prices at grocery stores are running only about 1 percent higher than a year earlier. “If we still have low inflation levels around the world, that hinders our ability to take price,” ...
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