Menu Price Hikes news and trends

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Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike

October 30, 2023
Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food workers, which will see employees earning a minimum of $20 per hour starting on April 1, CNBC reported Monday (Oct. 30), citing executives’ comments made during recent quarterly earnings calls. […]