"Chick-fil-A's Prices Soar Over 20% Amid Inflation Surge"
Chick-fil-A has raised the price of its classic chicken sandwich by 21% over the past two years, with a 15% increase in 2022 and an additional 6% in January 2023. The increases are attributed to rising costs of ingredients, packaging, transportation, and labor. Despite the risk of losing customers due to higher prices, Chick-fil-A's strong brand loyalty may help cushion the impact. The overall surge in food prices is also reflected in a USDA report, noting a 2.9% increase from November 2022 to November 2023 and indicating that a significant portion of the U.S. food dollar is spent on eating out.