McDonald's: Our prices haven't risen as much as you think

McDonald’s denies rumors of significant price increases for Big Macs in an open letter. The company’s president states that while the average price of a Big Mac has increased by 21% since 2019, claims of a 100% increase are misleading. He expresses concern over exaggerated reports of high-priced meals and emphasizes the importance of affordability. To address customer dissatisfaction, McDonald’s is considering introducing a limited-time $5 value meal. The article mentions that fast food sales have been affected by higher prices, leading to reduced spending and traffic.