Some of the nation's most popular eateries — both large and small — are hiking their prices, passing higher supply costs onto customers.
Some of the nation's most popular eateries — both large and small — are hiking their prices, passing higher supply costs onto customers. as inflation maintains its tight grip on the U.S. economy. Chipotle joined them on Tuesday when CEO Brian Niccol said the chain will increase prices next month by a percentage"in the mid- to high single-digit range."
, bodega owners are being forced to raise prices on a sandwich that became famous for its affordability, the AP reported. It's also affecting consumers, who are having to stretch to make ends meet.the Associated Press that he had to raise the price of everything in his store including sugar and potato chips. The price for Marte's bacon, egg and cheese is up from $2.50 to $4.50, he said.
Frances Rice, who stopped by Marte's bodega for a bacon, egg and cheese, told the AP she's trying to work out how to cope with a tighter budget — but said there's always a silver lining. Restaurateurs said rising inflation has made it more expensive for them to buy basic supplies like avocados, beef, chicken, take-out boxes and cooking oil. The cost of shipping in those items as well as paying staff is putting even more pressure on profits, they said.
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