Big Macs, fast food seeing big time inflation
Rising fast food costs are putting American eaters in a pickle.
Grilling the news: Fast food menu prices are up 7.2% year-over-year, according to the National Restaurant Association.
- That's the biggest jump since 1981, Axios' Karri Peifer reports.
The Big (Mac) picture: These prices are mainly driven by the rising costs of food and labor.
- Data from what's known as the Big Mac Index shows the price of McDonalds' signature sandwich has risen 40% over the past decade.
- Where wages are higher, the cost of a Big Mac generally goes up.
Zoom in: A Columbus Big Mac will set you back around $4.79 (sandwich only), putting us in the middle of the pack compared to other Axios Local cities.
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