Taco Bell, McDonald's, and Dunkin' are raising prices. Here's how much more you're paying for coffee and food.

 

·         Fast-food prices are rising across the industry.

·         Dunkin', McDonald's, and Taco Bell have had the biggest increases, according to analysts.

·         Shipping issues, labor shortages, and weather events all contribute to rising prices.

 

Mary Meisenzahl, Business Insider 

Jul 15, 2021

 

Prices at fast-food chains will continue to rise as ingredients and labor grow more expensive.

 

Chipotle raised prices across its menu by about 4% in June, a move the company said was prompted by increased wages for workers.

 

The average Chipotle meal will cost $0.30 to $0.40 more than it did before, and a spokesperson told Insider that the price hike would compensate for the recent wage increases for workers. In April, the fast-casual chain said it would raise average hourly wages to $15 an hour by the end of June, an increase of $2 over the $13-an-hour average pay.

 

Nearly every fast-food and fast-casual chain will likely follow, analysts at Gordon Haskett said in a report released Thursday.

 

Analysts looked at 24 restaurant chains over the span of a year and found 17 of them increased prices, and price increases, on the whole, are growing in both size and frequency. Quick-service restaurants have made the largest increases, averaging 6% compared with 3% at fast-casual chains and 1% at casual chains. Most of these increases were implemented in March.

 

According to the Gordon Haskett analysis, the greatest price increases have been...

 

more, including links

https://www.businessinsider.com/dunkin-mcdonalds-and-other-fast-food-chains-are-raising-prices-2021-7