Are Consumers 'Done With Fast Food' as Prices Climb?

PYMNTS.com— Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5). The reason? A visit to the Golden Arches that ended with Montenaro paying nearly $10 for a bagel sandwich and a cup of coffee. As […]

@Marketplace—Consumers don't expect their incomes to grow as fast as prices. Consumers forecast inflation at 3.3% this time next year and are less confident that their earnings will rise as much as they had expected.

News4JAX—Addressing the rising cost of fast food prices, how does a $5 meal sound?. Prices have jumped up on nearly everything -- from gas, to clothing and even to fast food. People are fed up with these prices and are taking to social media to sound off about how much they’re paying.

CBS News—Americans are choking on surging fast-food prices. "I can't justify the expense," one customer says. Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.Roberts, 38, now only gets fast food "as a rare treat," he told CBS MoneyWatch. "Nothing has made me cook at home more than fast-food prices."Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food...