Jimmy
on May 1, 2024
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BIGMAC TOO EXPENSIVE FOR MOST AMERICANS
Big brands like McDonald's report significant decreases in sales as low-income consumers grapple with rising costs.
CEO Chris Kempczinski:
"Consumers continue to be even more discriminating with every dollar that they spend as they face elevated prices in their day-to-day spending."
Despite the reported decrease in inflation to 3.5%, prices remain high, affecting consumer confidence and spending habits.
Source: CNBC
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File Size: 145.57 Kb
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