As McDonald's Prices Rise, Some Customers Go Elsewhere

NPR

Published October 24, 2014 at 1:35 PM EDT

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A sign for the fast food chain McDonald's is pictured in Nampa, Idaho. (Roadsidepictures/Flickr)

McDonald’s is facing a challenge, as factors like food costs push up the prices on some if its items. McDonald’s says its prices are up 3 percent over last year, and some customers are turning to chains like IHOP, Denny’s and Chili’s instead.

Michael Regan of Bloomberg News and Here & Now‘s Jeremy Hobson discuss the price increases the impact on the fast food industry.

Guest

Michael Regan of Bloomberg News, editor-at-large at Bloomberg News. He tweets @Reganonymous.