Fast-food price increases have outpaced overall inflation.

Due to the rising cost of fast food, some consumers are modifying their spending habits.

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Businesses are passing on the increased costs of chains such as and to their customers, particularly in California where the minimum wage has risen to $20 an hour.

The pressure is mounting as Yum Brands, which owns KFC, Taco Bell, and Pizza Hut, reported earnings that missed analysts' estimates for the first quarter of 2024, while Domino's Pizza reported mixed results and said consumers are being cautious with their spending.

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