Chipotle Just Raised Its Prices Again to 'Offset Inflation'

There are few restaurants of any variety as beloved as Chipotle in this country, and value is a big reason for a lot of people. That might be changing soon, since Chipotle just announced it will be raising its prices once again.

All across America, everything at Chipotle is going to cost 2% more now. Burritos, tacos, quesadillas, the whole shebang.

As is often the case these days, inflation is pointed to as the culprit here. The sad reality is that most restaurants are still probably too cheap to comfortably stay in business, despite how much prices need to go up. “For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."

It should be noted that most major fast-food chains, Chipotle included, have raised their prices over the past decade at nearly double the rate of inflation, according to FinanceBuzz.

The place does this all the time. In fact, this is the fifth time in three years. Won’t be the last time this happens, either.

Under $6? Wow. Take us back to those days, please.

With Chipotle missing its revenue forecasts, it’s not surprising to see other chains doing the same thing. McDonald’s, Popeyes, and more have all raised their prices this year, too.

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