An $18 Big Mac meal sparked a revolt against high prices. Companies are finally listening

Potatos_are_not_friends@lemmy.world to News@lemmy.world – 292 points –
An $18 Big Mac meal sparked a revolt against high prices. Companies are finally listening | CNN Business
cnn.com

Many people believe it’s an astounding $18 after a post on X of McDonald’s menu prices at a rest stop in Connecticut went viral and made national headlines. (Narrator voice: It’s not.)

Now, almost a year after the post, a top McDonald’s executive wants to set the record straight. In a recent letter, Joe Erlinger, president of McDonald’s USA, said $18 for a Big Mac combo was the “exception” and not the norm across all 13,700 restaurants in the country.

The average price of a Big Mac in the US was $4.39 in 2019,” Erlinger said in his recent letter. “Despite a global pandemic and historic rises in supply chain costs, wages and other inflationary pressures in the years that followed, the average cost is now $5.29. That’s an increase of 21% (not 100%),” he added.

63

You are viewing a single comment

A Mac is worth $3.00. The ingredients cost them $1.60.

Love how they compared the $18 combo to the average price of just the sandwich, it’s just insane to me.

Thank you. This should have been a top comment as it needs more direct attention.