Chipotle Mexican Grill has announced a nationwide increase in menu prices by 2%, marking the first price hike in over a year. The company cites rising input costs, particularly for ingredients such as avocado and beef, as key factors driving this decision. Analysts view this move as a response to ongoing inflation pressures affecting the food industry. As customers prepare for higher bills, Chipotle executives emphasize the need to offset these costs while maintaining value for diners. Stock prices have seen an uptick in reaction to the announcement, highlighting investor confidence despite potential customer pushback.