McDonald’s Japan hikes prices on about 80% of its menu from Jan. 16

[ad_1]

McDonald’s announced its third price hike in Japan in less than a year on Friday.

McDonald’s Holding Company Japan Ltd said it would raise prices on about 80% of its menu from Jan. 16, citing currency fluctuations and surging costs for materials, labor, transportation, and energy.

The price for a single cheeseburger will go up to 200 yen ($1.49) this month from 140 yen a year ago. The cost of the signature Big Mac hamburger will go up to 450 yen from 410 yen previously.

Japanese consumers will see price increases on more than 4,000 food items from next month, researcher Teikoku Databank said on Thursday, following an even more giant wave of hikes last October.

[ad_2]

Source link

Related Stories:

NASA Confirms Launch Date for Its Massive Moon Rocket Japan PM Fumio Kishida Arrives In India for a 2-day Visit, Defense And Trade On Agenda Hong Kong requests Japan to drop airport bans affecting 60,000 travelers Typhoon Nanmadol: Millions told to evacuate as storm hits Japan Japan Reports Higher Than Expected GDP Growth Japan issues heatstroke alerts as temperatures touch 40°C in some regions Japan’s emperor Naruhito gives first public New Year’s greeting since 2020 Japan Plans to Release Fukushima Wastewater