I think there have been two major drivers to inflation in fast food: - wages - delivery apps Wages is pretty obvious, and the article cited the changes in Cali

I think there have been two major drivers to inflation in fast food: - wages - delivery apps Wages is pretty obvious, and the article cited the changes in California. It is important to keep in mind that we’ve seen wages jump in the golden state 66% for fast food workers since 2019. That’s huge, especially since labor it’s the largest cost for these restaurants. Delivery apps added a new fee that showed consumers weren’t as price sensitive as they thought. So I think we’re seeing some increases related to that.