Healthy round of price hikes from Chipotle

|About: Chipotle Mexican Grill, Inc. (CMG)|By:, SA News Editor

Chipotle (CMG +1.2%) has been rolling out price hikes across the U.S. without any reports of widespread consumer backlash.

RBC Capital Markets sent some some boots into the streets of 11 major metropolitan markets to determine which items and locations are seeing the biggest price bumps.

Menu increases by item: Steak burrito 8.3%-10.4%; Vegetarian burrito 4%-7.2%; Guacamole 8.3%-11%; Soda 12.5% in most locations.

Overall menu prices: +6.5% for core menu items; +7.3% for side items and drinks

A look back: Chipotle's comp sales rise 13.4% in Q1