While we keep letting the government tell us that inflation is at 3%, back out in the real world price hikes are staggeringly higher.
Just take one look at Chick-fil-A, for example: the popular fast food chain has hiked its prices a whopping 21% over the last two years, according to a new report from the NY Post.
In 2022, the chain first raised prices by 15%, the report says. In January 2023, the company then implemented a menu-wide 6% hike in prices, resulting in the average price of its chicken sandwich – which was under $5 in 2021 – to now cost $5.79.
The report notes that in high cost of living areas, like New York City, the same sandwich is going to run customers $6.99. An 8 piece nuggets, which would cost $5.99 elsewhere and which were also under $5 in 2021, now cost $7.09.
The Post noted the discrepancy between the real world and the CPI, which showed a 3.1% increase in November. Meanwhile, the Bureau of Labor Statistics noted a 0.2% monthly rise in the food index for November, a slight decrease from the 0.3% rise in the previous month.
Whole country has gone up more than that thanks to BIDEN !!!! Democrats just attacking a Christian company
That’s because their suppliers have raised cost. Nobody is getting rich over there, guarantee you that.
Still better food and non-woke!
The suppliers’ costs have gone up in every aspect for raw materials, transportation, energy, wages, etc. Nothing costs less. Nothing ever will.