I'll Have A McInflation Meal Please

Posted by Nogger - a legend in his own mind at 10:03 | Categorized as

25/01/11 -- McDonalds is set to raise it's prices later this year following the increased cost of staple raw materials.

A report on Reuters today says that ten key commodities account for 75% of the Golden Arches food preperation costs. These are listed as "Beef, chicken, pork, bread and milk products, paper, cola, ketchup and other sauces, and fruits and vegetables." What, no salt, or is that the "missing" 25%?

Interestingly, costs in Europe are seen rising at almost double the rate of those in the US.