Since September, when California initially moved to require the wage adjustment, prices at fast food restaurants have risen by 10% overall, outpacing jumps in every other state. Mexican food chain Chipotle reported prices rising around 7% during the first week of April compared with last year.The Washington Times
At Chipotle, the law drove a 20% increase in wages for its restaurant staff in the Golden State, the company said during its earnings call on Wednesday. Consumers picking up burgers, burritos and chicken sandwiches at chains in the Golden State are grappling with prices that for months have been rising at a faster clip than in other states, according to market-research firm Datassential.
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