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CEO NA Magazine > Business > Chipotle announces new product price hike

Chipotle announces new product price hike

in Business, News
Chipotle announces new product price hike
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Fast casual burrito chain Chipotle is raising its prices again, the company announced in a statement Wednesday.

“For the first time in over a year, we will be taking a modest price increase to offset inflation,” said Chipotle’s Chief Corporate Affairs Officer Laurie Schalow.

However, the company declined to share just how much higher it will be hiking the prices of its popular burritos and burrito bowls.

Chipotle previously raised its prices by 3.5% to 4% in June 2021 and by a further 13% year-over-year in October 2022.

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