Chipotle To Increase Its Menu Prices


Photo: Getty Images

Your favorite burrito at Chipotle is about to cost you a little bit more.

The chain restaurant has just announced they are increasing menu prices by four percent, and they are blaming it on labor costs. 

Back in May, they announced they would bump pay from $11 an hour to $18. 

In a statement, one of their chief executives said, "We really prefer not to raise prices. But it made sense in this scenario to invest in our employees and get these restaurants staffed and make sure we had the pipeline of people to support our growth."

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