Your burrito bowl is about to get more expensive. 😭
, as well as transportation. Customers are spending about 10% more now than they were a year ago, and the company has already raised the cost of menu items by 6% in 2022 alone.
According to Brian Niccol, Chipotle's CEO, prices will likely increase further this year, as he doesn't see inflation going away any time soon. Despite having to pay more for their meals, customers are showing"very little resistance," Niccol said.
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