TOKYO—Japan’s McDonald’s fast food restaurants will raise prices on about 60 percent of its offerings to customers, fueled by rising input costs and exchange-rate fluctuations, the company said on Monday.
It marks the company’s second set of price increases this year as Japan grapples with inflationary pressures and a slide in the yen to a 24-year-low, making imported ingredients more expensive. The two rounds of hikes this year are the first since 2019.
