Why Fast Food Has Gotten So Expensive
Prices at limited-service restaurants including Wendy’s, Taco Bell, Chick-fil-A and Chipotle have increased more over the past decade than both full-service restaurants and overall inflation, according to the U.S. Bureau of Labor Statistics. Experts say rising labor costs are the main culprit. McDonald’s underwhelming first-quarter 2024 earnings results are one example of a fast-food giant feeling the repercussions of its soaring prices. Watch the video to learn more.
Chapters:
0:00 Introduction
4:30 Rising costs
6:05 Looking ahead
Why Fast Food Has Gotten So Expensive
Credit to : CNBC