McDonald’s is fighting back against viral tweets and media reports that it says have exaggerated its price increases.
A McDonald's sign is seen above one of the fast food chain's locations in downtown Los Angeles. In a post on the company’s website Wednesday, McDonald’s U.S. President Joe Erlinger said reports suggesting the price of the average Big Mac has doubled since 2019 were false. McDonald’s said the average U.S. Big Mac was $4.39 in 2019 and now costs US$5.29, a 20.5 per cent increase.
Still, the Chicago burger giant said the cost of some items have seen bigger price jumps than the Big Mac. The average price of medium fries was US$2.29 in 2019 and is US$3.29 now, a 44 per cent increase.McDonald’s said the average price of all menu items has risen 40 per cent over the last five years, to account for a 40 per cent average increase in the cost of labour, paper and food.
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