McDonald's exec says average menu item costs 40% more than in 2019

Original Article:

Source: Link

A top McDonald's executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald's USA, said in an open letter Wednesday that the average price of McDonald's menu items is up around 40% since 2019. The breakdown comes in response to claims on social media from House Republicans, among others, that the fast-food company upped prices by more than 100%. "Americans across the country are making tough calls about where to spend their hard-earned money," Erlinger said. "And while we've been working hard to make sure our fans have great reasons to visit us, it's clear that we — together with our franchisees — must remain laser-focused on value and affordability." Erlinger said the average price of a Big Mac meal today is $9.29, up 27% from $7.29 in 2019. The price for a 10-piece McNuggets meal is up 28% over the same period, and the price of medium french fries increased 44%. Erlinger added the cost increases are tied to similar increases in input costs such as crew salaries and cost of goods. "For a brand that proudly serves nearly 90% of the U.S. population every year, we feel a responsibility to make sure the real facts are available," Erlinger said.