McDonald's is set to hike its prices across several menu items once again today - with one popular burger seeing a 20% increase.
The global fast-food chain has revealed that five existing menu items will rise in price by around 20p as the cost of living crisis continues to take its toll on the business.
As reported by The Mirror, the restaurant has said that, like many other businesses, it has been impacted by the rising cost of food and energy.
Included in the list of items increasing is the budget-friendly Chicken Mayo Burger which has risen from just 99p to £1.19 - which makes it a 20% increase for foodies.
The full list of menu items that are set to see an increase from today are:
- Mayo Chicken: 99p to £1.19 (up 20%)
- Bacon Mayo Chicken: £1.59 to £1.79 (up 12.6%)
- Bacon Double Cheeseburger: £2.49 to £2.69 (up 8%)
- Triple Cheeseburger: £2.69 to £2.89 (up 7.4%)
- Medium Fizzy Drink: £1.39 to £1.49 (up 7.1%)
All of the changes come into effect from today, though McDonald's has said that prices do vary across different branches as some are operated by franchisees, meaning it cannot order them to introduce the price increases.
It is the second time that McDonald's has had to increase its prices in less than a year, after the chain raised its prices across several menu items for the first time in 14 years back in July 2022.
At the time, the fast food chain confirmed that its suppliers were "feeling the impact of rising inflation" and had to increase its prices, with its 99p cheeseburger now costing £1.19.
A spokesperson told The Mirror: “We are committed to offering great tasting food at affordable prices. However, like many businesses, the impact of the increase in food and energy costs continues to affect our company and our franchisees."
"We carefully review and adjust pricing to offer great value and quality.
"At the same time, we continue to work hard on how we can provide our customer's value where it matters most, with personalised offers and rewards through the MyMcDonald’s Rewards scheme."
McDonald's is not the only chain to have increases its prices recently, as the rising rate of inflation has forced both Nandos and Wetherspoons to hike prices this year.
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