Chipotle Increases Menu Prices Amid Rising Costs and Inflation
Chipotle Mexican Grill has announced a 2% nationwide menu price increase to address rising inflation and operating costs, marking its first price hike in over a year. This follows a previous 7% increase in California due to the Fast Food Wage Act, which raised the minimum wage for limited-service workers. The company has faced challenges with rising ingredient costs and public criticism over portion sizes.