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Americans are choking on surging fast-food prices. "I can't justify the expense"
The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.
A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern. As fast-food prices have risen, recent earnings reports from industry leaders such as McDonald's and Taco Bell parent Yum Brands show that same-store sales have slipped over the last year. The price of a two-piece chicken combo at Popeyes jumped from $6.49 to $11.39 over that period, while an eight-inch club tuna from Jimmy Johns rose from $5.75 to $9.10, according to FinanceBuzz.
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