business
McDonald’s CEO sounds warning on consumer trend
Key takeaways
- Mc Donald’s CEO sounds warning on consumer trend Maurie Backman Sat, May 9, 2026 at 11:33 PM GMT+7 3 min read.
- Inflation rose 3.3% annually in March in the wake of the Iran conflict, according to the Consumer Price Index.
- Overall, food prices were up 2.7% year over year in March.
Mc Donald’s CEO sounds warning on consumer trend Maurie Backman Sat, May 9, 2026 at 11:33 PM GMT+7 3 min read. It would be more than fair to say that a lot of Americans are feeling financially squeezed these days.
Inflation rose 3.3% annually in March in the wake of the Iran conflict, according to the Consumer Price Index. And while fuel oil, which rose 44.2%, was the primary driver of that increase, food costs rose as well.
Overall, food prices were up 2.7% year over year in March. But while grocery prices rose 1.9% annually, restaurant prices rose twice as fast at 3.8%.
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