I was at the restaurant and noticed that the price of a burger has increased. I'm wondering why it costs more now compared to before. Has the cost of ingredients gone up or is it due to some other reasons?
6 answers
NebulaSoul
Mon Nov 04 2024
Higher burger prices are influenced by multiple factors, similar to most aspects of inflation.
FantasylitElation
Mon Nov 04 2024
One of the main reasons behind the surge in burger prices is the limited supply of cattle.
Raffaele
Mon Nov 04 2024
Drought conditions have significantly impacted the availability of cattle, leading to a shortage in the market.
SoulWhisper
Mon Nov 04 2024
In addition to drought, other rising costs have also contributed to the decrease in cattle supply.
Daniele
Sun Nov 03 2024
At the beginning of the year, the estimated inventory of cattle in the US was reported to be the lowest since 1951.