McDonald's Japan hikes prices for 3rd time in 10 months - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The Japanese operator of McDonald's restaurants announced its third price hike in less than a year on Friday in the latest sign of compounding inflationary pressures on the nation's consumers.

Image: ReutersThe Japanese operator ofannounced its third price hike in less than a year on Friday in the latest sign of compounding inflationary pressures on the nation’s consumers.

McDonald’s Holding Company Japan Ltd said it would raise prices on about 80% of its menu from 16 January, citing currency fluctuations as well as surging costs for materials, labour, transportation, and energy.inflationThe price for a single cheeseburger will go up to 200 yen 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 bigger wave of hikes last October. Separately, Japanese restaurant operators Hot Palette Co and Royal Holdings Co said on Friday they would also be raising prices in January and March, respectively, mostly on beef and steak items.

 

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NICE

What is contained in those (and other) burgers? I WILL NEVER TOUCH ONE OF THEM .. EVER .. the ÇV has been an eye-opener!!!!!!! 👿🤮 DepravityIsTheTrueVirus

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