Chick-fil-A prices are skyrocketing

PO1 William "Chip" Nagel
...""Restaurants must find ways to offset the costs though, without passing it all onto the customer or they risk losing their customers," Sam Zietz, the CEO of self-ordering restaurant tech company GRUBBRR, told Newsweek.

Zietz recommends restaurants look into ways to reduce labor costs primarily, potentially by adding self-ordering kiosks to hire fewer cashiers and making ordering more efficient.

Several other fast-food chains have shifted their menu prices as a result of inflation. With customers complaining over McDonald's dollar menu no longer containing dollar prices to the utter lack of $5 footlongs available at Subway these days, shoppers are frustrated by how little their money can stretch even amid some of the cheaper restaurant options around.

In 2022, fast food prices soared upwards by 13 percent, according to Pricelisto, an organization tracking fast food menu prices.

And now that California instituted a $20 per hour fast food minimum wage, even more restaurants are set to bump up prices for consumers. So far, Chipotle and McDonald's both announced additional price hikes to offset the costs in the state.

Food prices in 2024 were predicted to surge by 2.9 percent, nearly half of the 5.8 percent price increases seen in 2023, the U.S. Department of Agriculture said in November.

"The USDA is predicting that food costs will only continue to rise in 2024, so I don't think this is the end of rising menu prices," Zietz said. "It may slow, but as food costs continue to rise, so will the cost of eating out."

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