Burger Price Hikes Driven by Beef Costs, Despite Easing Overall Food Inflation

• Prices for beef patties are up nearly 6% from last year, driving up costs for burgers

• Lettuce and cheese prices are down, but pickles, onions, buns seeing increases

• Overall food inflation slowing but still higher than pre-pandemic

• Restaurants like Owl Bar & Cafe and Beth's Burger Bar raising prices to cover higher costs

• Cattle inventory lowest since 1951 contributing to beef supply limitations