McDonald's Clarifies $18 Big Mac as Rare Exception Amid Price Concerns

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Source: CBS News
McDonald's Clarifies $18 Big Mac as Rare Exception Amid Price Concerns
Photo: CBS News
TL;DR Summary

McDonald's USA President Joe Erlinger addressed concerns over reports of an $18 Big Mac meal, stating it is an exception and not the norm. He emphasized that the average Big Mac price is $5.29, up 21% since 2019, and that franchisees set prices based on increased operational costs. Amid rising fast food prices, McDonald's plans a $5 meal promotion to attract budget-conscious customers, as some Americans reduce fast-food consumption due to cost concerns.

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