New York (CNN Business) McDonald's has been raising menu prices and customers are eating it up. Sales at McDonald's US restaurants open at least 13 months jumped 3.7% in the second quarter, the company said Tuesday. That growth was driven by higher menu prices and "value offerings" on its regular menu as well as through its app, according to McDonald's. Restaurant chains have been raising their menu prices as inflation soars , both because their own costs are rising and they see that customers are not shying away from paying more. But consumers could push back eventually, so McDonald's is taking baby steps.

Source: CNN July 27, 2022 01:09 UTC