According to MarketWatch, inflation is the reason customers will see fewer chicken nuggets on their plates.
DALY CITY, CALIFORNIA - FEBRUARY 15: A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Restaurant Brands International, the parent company of Burger King, reported strong fourth quarter earnings thatThe fast-food restaurant chain said it has reduced the number of chicken nuggets from 10 to eight pieces per order.
"Domestic food, paper producers and distributors supplying most of our commodities are dealing with labor constraints, along with higher fuel costs and are passing the increases on to us," Daniel Accordino, chief executive of Carrols Restaurant Group, the largest Burger King franchisor in the U.S.," told the outlet.There are three factors that could lead to inflation which include demand-pull inflation, cost-push inflation and built-in inflation.
"As a result, commodity inflation overall was approximately 16% this past quarter compared to the prior year period," he continued. However, Burger King’s public relations team didn’t cite inflation for the nugget change but said it was to allow more resources for the restaurants to roll out the company's latest menu item, "Ghost Pepper Nuggets." The company rolled out the spicy option last October.
An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after