The fast-food giant is doing its best to keep prices reasonable for consumers, says McDonald's USA President Joe Erlinger.
A top McDonald's executive on Wednesday decried 'poorly sourced reports' that the fast-food giant has hiked its prices faster than inflation. 'I can tell you that it frustrates and worries me, and many of our franchisees, when I hear about an $18 Big Mac meal being sold — even if it was at one location in the U.S. out of more than 13,700,' Joe Erlinger, president of McDonald's USA, said in a letter posted on the restaurant chain's corporate website.
'Our franchisees set menu prices for their restaurants, which account for the increased costs of running their businesses.'But Erlinger also said McDonald's franchise owners have sought to keep a lid on prices. The letter comes amid signs that at least some Americans are reducing their fast-food consumption because of rising costs.
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