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McDonald’s Holdings Company Japan would raise prices on about 80 percent of its products from Jan 16. due to currency fluctuations and surging costs for materials, labor, transportation, and energy.
The price hike would be the third in 10 months for the Japanese operator of McDonald’s restaurants after those in March and September.
The price for a cheeseburger will go up to 200 yen this month from 140 yen a year ago, while the Big Mac hamburger will go up to 450 yen from the previous 410 yen.
Other than the McDonald's price increases, Japanese consumers are also bracing for price hikes in more than 4,000 food items from next month.
