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If Asda can do them for 34p and make a profit, that means they cost McDs 20p or less for the ingredients.
It is labour and energy costs that have gone up.
Those overpaid human burger flippers (now paid £20k a year pro rata) need to replaced by robots asap.
I would actually say McD has better quality (really!) than bargain basement supermarket burgers. They make a big effort to be able to be seen on the right side since they are such a big target. Living Wage, Fair Trade, using actual meat. e.g. their nuggets are actual pieces of chicken not nameless mush.
Still, you're probably right on price since they have their own vast private supply chain. However considering this is the first increase in 14 years, I think we can assume ingredient prices have risen significantly in that time. I imagine they've been eating(!) the increases for some years to keep that 99p price point which must be a huge marketing win.
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