{"id":315,"date":"2024-06-05T11:08:53","date_gmt":"2024-06-05T11:08:53","guid":{"rendered":"http:\/\/mcdtalks.com\/?p=315"},"modified":"2024-06-05T12:19:25","modified_gmt":"2024-06-05T12:19:25","slug":"mcdonalds-menu-prices-has-gone-up-by-40-from-2019","status":"publish","type":"post","link":"https:\/\/mcdtalks.com\/mcdonalds-menu-prices-has-gone-up-by-40-from-2019\/","title":{"rendered":"McDonald’s Menu Prices Has Gone Up by 40% From 2019"},"content":{"rendered":"\n

A senior executive at a major fast-food chain has addressed claims regarding significant price hikes on their menu items. Joe Erlinger, the president of the McDonald’s USA division, released an open letter clarifying that the average price of their menu items has risen by approximately 40% since 2019. <\/p>\n\n\n\n

This statement comes in response to allegations on social media, particularly from House Republicans<\/a>, that the McDonald’s has increased prices by more than 100%.<\/p>\n\n\n\n

\"McDonald's
McDonald’s Prices Have Surged<\/figcaption><\/figure>\n\n\n\n

Erlinger pointed that Americans are making difficult decisions about their spending, and the company, along with its franchisees, is focused on maintaining value and affordability in their menu prices. He highlighted the average price of a Big Mac meal is now $9.29, a 27% increase from $7.29 in 2019. Similarly, a 10-piece McNuggets meal has seen a 28% rise, and medium french fries have gone up by 44%.<\/p>\n\n\n\n

Related : McDonald\u2019s Breakfast Menu Prices, Open Hours [2024] Near Me<\/a><\/strong><\/p>\n\n\n\n

He attributed these menu price hikes to increased input costs, including higher crew salaries and the cost of goods. Erlinger stressed the importance of providing accurate information, noting that the company serves nearly 90% of the U.S. population annually.<\/p>\n\n\n\n

In the broader economic context, consumer prices have risen by 3.4% over the past year, based on the latest Bureau of Labor Statistics data<\/a>. This inflationary trend has led some consumers to cut back on dining out, affecting the fast-food industry as a whole. The chain recently reported that its same-store sales fell short of expectations in the first quarter.<\/p>\n\n\n\n

Between 2014 and 2024, three menu items from American #fastfood<\/a> chains experienced the most significant price hikes, according to data provided by Finance Buzz, last updated in May 2024.

McDonald's
$MCD<\/a> Leads Price Increases

Over the past ten years, nearly every fast food\u2026
pic.twitter.com\/51rWINqRs3<\/a><\/p>— The Dutch Investors (@DutchInvestors) June 3, 2024<\/a><\/blockquote>