Restaurant chains, including McDonald's, Burger King and Starbucks, are promoting affordability as consumers trade down to eat at home.
Storyboard
How $5 has become the fast food industry's magic number
The summer of food deals has a magic number with the $5 value meal, the fast-food industry's latest push to bring consumers back.
The big picture
The $5 price and a flurry of new discounts replace the $1 deals that were dismantled with soaring prices.
State of play
Here's a rundown of some of the recent deals and new menu items.
Go deeper
The ability of companies to raise prices without crushing demand may be petering out.
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Shoppers have splurged in the face of rising prices for the last three years. Now, there are early signs the spending era is coming to an end, forcing executives to limit price hikes to maintain sales.
