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Milk prices surge as economic crisis contributes to inflation in Karachi
Credit: IndiaTimes- Published on June 18, 2024
In Pakistan, economic challenges and energy shortages have driven up prices of essential goods like milk, causing hardship for Karachi residents. Stakeholder consultations led to a significant PKR 20 per litre increase, setting milk prices at PKR 220, exacerbating concerns over inflation's impact on daily life and urging...
Video credit: Wibbitz Top Stories
Published on June 21, 2024 - 01:31
McDonald’s Releases $5 Value Meal to Help Fight Inflation
McDonald’s Releases $5 Value Meal , to Help Fight Inflation.
The fast-food chain will debut a "$5 Meal Deal"
in the U.S. beginning on June 25, CNN reports. .
We heard our fans loud and clear —
they’re looking for even more great
value from us, and this summer
that’s exactly what they’ll get. , Joe Erlinger, president of McDonald’s USA, via press release.
The value meal will include either a
McDouble or a McChicken sandwich, small fries, 4-piece chicken nuggets and small drink.
The value meal will include either a
McDouble or a McChicken sandwich, small fries, 4-piece chicken nuggets and small drink.
However, it will only be
available for a limited time.
Social media has been rife with consumers complaining about the prices of fast food lately, including the cost of food at McDonald's.
Social media has been rife with consumers complaining about the prices of fast food lately, including the cost of food at McDonald's.
Joe Erlinger, president of McDonald’s USA, put out a letter citing “viral social posts and poorly sourced reports that McDonald’s has raised prices significantly beyond inflationary rates.”.
The average price of a Big Mac
in the U.S. was $4.39 in 2019, Joe Erlinger, president of McDonald’s USA, via press release.
Despite a global pandemic and historic
rises in supply chain costs, wages and other
inflationary pressures in the years that
followed, the average cost is now $5.29.
That’s an increase of 21% (not 100%), Joe Erlinger, president of McDonald’s USA, via press release.
Other McDonald's franchisees are
offering deals such as "buy one, get one" breakfast sandwiches to entice customers.
Affordable prices and creating
memorable moments are what
McDonald’s is all about. , John Palmaccio, a McDonald’s owner and chair of the
Operator’s National Advertising Fund, via CNN.
As small business owners, it’s our
responsibility to deliver great
value to our local communities
when they need it most, John Palmaccio, a McDonald’s owner and chair of the
Operator’s National Advertising Fund, via CNN
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