Save Money / Consumer News
McDonald's forecasts higher food prices
LOS ANGELES (KABC) -- McDonald's said it's expecting to pay more for beef, dairy and other items and that it would cautiously raise prices for its customers.
McDonald's stock fell 1.5 percent after it made the announcement on Thursday.
Meanwhile, analysts said high gas prices could force fast-food restaurant patrons to cut back.
economy, food, save money / consumer news
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