McDonald’s clarifies that the reported price increases were exaggerated
- McDonald's refutes claims of significant price increases for their products.
- Reports of a $18 Big Mac meal being the norm were deemed as exaggerated.
- The company's president states that the average price of a Big Mac has not doubled since 2019.
McDonald's has been in the news lately because some people are saying that the prices of their food have gone up a lot. The average price of a Big Mac in the U.S. was $4.39 in 2019. That's a 21% increase, not 100%. The president of McDonald's in the U.S. wants customers to know that not all McDonald's burgers are super expensive. He's worried when he hears about an $18 Big Mac meal being sold, even though it's only at one out of more than 13,700 locations in the U.S. People are not going out to eat as much because of higher prices, which is causing McDonald's sales to slow down. The CEO of McDonald's says they want to make sure their food stays affordable for customers. The National Owner's Association, a group for McDonald's franchise owners, is thinking about offering a $5 meal deal that includes chicken nuggets, fries, a drink, and either a McDouble or McChicken sandwich. McDonald's is saying that reports about their prices doubling are not true. They want customers to know that they are working to keep their food affordable.