Budget-Conscious Diners Opt for Home Cooking Over McDonald's Amid High Inflation

• Some lower-income consumers are opting to eat at home instead of McDonald's due to inflation and economic pressures.

• Dining out has become more expensive, with restaurant prices rising 4.5% over the past year. Grocery prices rose just 1% in that timeframe.

• To attract budget-conscious customers, McDonald's is offering more value deals priced at $4 or less.

• McDonald's has seen slower sales growth internationally, including in the Middle East where turmoil has impacted results.

• Food inflation is rising at its slowest pace since mid-2021, but consumers remain cautious with spending at places like McDonald's and Family Dollar.