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Burrito alert: Chipotle is raising prices

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From the avocados to the steak, every item on your Chipotle burrito has gotten more expensive.

Bloomberg Businessweek reports the increase in ingredient prices is causing Chipotle to do something it hasn’t done in three years: Raise the price of a burrito.

The price increase is expected to be modest and will be phased in over the next several months, the report states.

Read more from Bloomberg Businessweek.

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