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Inflation, higher grocery prices may be driving consumers to fast food

Higher prices in grocery stores may be translating to a sales boost for fast-food chains like McDonald's.

News 12 Staff

Oct 28, 2022, 10:01 AM

Updated 603 days ago

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Higher prices in grocery stores may be translating to a sales boost for fast-food chains like McDonald's.
The company says sales are up more than 6%, as more and more consumers look to get more value for their dollar when they eat.
This comes as grocery prices have climbed some 13% in the third quarter.
McDonald's executives pointed out that the company performed well during the last economic downturns in 2008 and 2009, when it introduced it's "Dollar Menu" to boost sales.


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