Fast food chains across the United States are facing customer backlash as they raise prices in response to increased food and labor costs. Notable price hikes include the Big Mac Meal now costing $19 with tax, a 12-piece chicken bucket from KFC reaching $30, and a steak burrito with guacamole priced at $20. The rising prices have led to a decline in sales for major franchises such as McDonald's, KFC, Pizza Hut, and Taco Bell. Despite the price increases, McDonald's offers more sustainable bundles, like a McDouble with small fries for $3.59 plus tax. The broader economic context includes an expected substantial effect on overall food prices from rising agricultural commodity prices and global freight costs. Additionally, the upcoming reduction in inflation to 2.9% is being met with skepticism, as the price hikes are seen as a destruction of the American way of life, with a notable example being the potential increase of Costco's hot dog and soda combo from $1.50 to $4.99.
People complain about McDonald’s inflation but they have a McDouble small fries bundle for $3.59 + tax and 6 nuggets are still $2.49, and that's before you look at app discounts. People get tricked by the alleged extra value meals and don't know how to form their own bundles.
The world order for #commodities may have reversed in 2022 when #Russia invaded #Ukraine, with headwinds mounting for #China and materials prices. Declining demand for #diesel and containerboard in the largest economy, and severe wealth destruction in the second biggest, as… https://t.co/gpWrbNcRY1
This disparity appears unsustainable, and the recent rise in agricultural commodity prices is expected to have a substantial effect on overall food prices, which are poised for a significant rebound. Additionally, the continuous surge in global freight costs is likely to… https://t.co/EvGAh3JtsP
Once Costco raises price of hot dog and soda combo from $1.50 to $4.99, this will be end of America as we know it. It will have become third world then . It’s not if but when
Once Costco raises price hot dog and soda combo from $1.50 to $4.99, this will be end of America as we know it. It will have become third world then . It’s not if but when
Big Mac Meal (with fries and soda) now costs $19 with tax. KFC 12 piece chicken is now $30. Steak Burrito is $20 with guacamole. This is wholesale destruction of American way of life and yet on Tuesday they will celebrate when inflation falls to 2.9%! This is fake CPI!!
Big Mac Meal (with fries and soda) now costs $19 with tax. KFC 12 piece chicken is now $30. This is wholesale destruction of American way of life and yet on Tuesday they will celebrate when inflation falls to 2.9%! This is fake CPI!!
Americans are turning their backs on fast food as franchises continue to hike the prices https://t.co/oCpRdAYSQc https://t.co/wJnGXtlTl7
Enough of the $29 KFC bucket and the $18 Big Mac meal! Americans fed up with rising fast food prices are voting with their feet as McDonald's, KFC, Pizza Hut and Taco Bell sales disappoint https://t.co/KntCTRixfN https://t.co/MswrL9yfU0
Prices have risen at fast food restaurants across the country as climbing food and labor costs result in higher totals for customers. But the backlash has been visible in more ways than one. https://t.co/nelB0eq4ph