Fast Food Prices Are Set To Rise
Soak up that dollar value menu as much as you can because fast food prices are set to rise. According to numbers crunched by Datassential, a firm who analyzes restaurant…
CHICAGO, IL – JUNE 04: Food is served at a McDonald’s restaurant located inside the comapany’s new corporate headquarters on June 4, 2018 in Chicago, Illinois. McDonald’s headquarters recently returned to the Chicago, which it left in 1971, from suburban Oak Brook. Approximately 2,000 people will work from the building. (Photo by Scott Olson/Getty Images)
(Photo by Scott Olson/Getty Images)Soak up that dollar value menu as much as you can because fast food prices are set to rise.
According to numbers crunched by Datassential, a firm who analyzes restaurant menu trends, over the last four years, the median price of fast food burgers jumped 26 percent.
Much of the blame is put on fast casual places like Chipotle and Five Guys, who have gotten customers comfortable with paying more for take out.
Speaking to the TODAY show, global restaurant consultant Aaron Allen also points out that new taxes on supplies and an increase in minimum wage has added to the cost.
