McDonald's Company (Japan) Ltd. said Friday it will raise prices on hamburgers and other menu items on March 14 from 10 yen to 20 yen to counter factors that include the rising cost of raw materials.
The hike is in response to soaring prices of wheat, beef and other raw materials, as well as increasing costs for labor and transportation.
It will be the first price hike on burgers for McDonald's Japan since October 2019, when consumption tax went up to 10%.
