Index Investing News
Saturday, May 10, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

McDonald’s hikes prices in Japan on higher input costs, weaker yen By Reuters

by Index Investing News
September 26, 2022
in Stocks
Reading Time: 1 min read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: Customers are seen through the windows of a McDonald’s store (top) in Tokyo, while others stand in line in front of cash registers, July 22, 2014. REUTERS/Yuya Shino

TOKYO (Reuters) -Japan’s McDonald’s (NYSE:) fast food restaurants will raise prices on about 60% of its offerings to customers, fuelled 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.

From this Friday, the cost of the signature Big Mac hamburger will increase to 410 yen ($2.85) from 390 yen, McDonald’s Holding Company Japan Ltd said in a statement, reflecting increases of 10 to 30 yen on many items.

A Big Mac costs $5.15 in the United States, according to The Economist magazine’s index of prices worldwide. The price difference implied that Japan’s currency was undervalued by 45%, according to the gauge when it was last updated in July.

McDonald’s Japan is raising prices for the second time in 2022 on its cheeseburgers, which will cost 180 yen each from Friday from 140 at the beginning of the year.

Rising production costs and the yen’s slide have spurred price increases by 60% of major Japanese restaurants, according to a survey issued this month by Tokyo Shoko Research.

Separately, Mister Donut shops in Japan are to raise prices on most items by about 7.4% from Nov. 25, its parent company, Duskin Co., said.

($1=143.8000 yen)



Source link

Tags: CostshigherhikesinputJapanMcDonaldsPricesReutersweakeryen
ShareTweetShareShare
Previous Post

Bitesize Prediction: Norway vs Serbia – 27/09/22

Next Post

From Sociology Major to Seven-Figure Agent Commissions

Related Posts

Legrand SA (LGRVF) Q1 2025 Earnings Name Transcript

Legrand SA (LGRVF) Q1 2025 Earnings Name Transcript

by Index Investing News
May 10, 2025
0

Legrand SA (OTCPK:LGRVF) Q1 2025 Earnings Name Might 7, 2025 3:30 AM ET Firm Contributors Benoît Coquart - Chief Govt...

Clearwater Inventory: Boring Papermill/Cardboard Maker, Potential 25% FCF Yield Over Time(CLW)

Clearwater Inventory: Boring Papermill/Cardboard Maker, Potential 25% FCF Yield Over Time(CLW)

by Index Investing News
May 10, 2025
0

This text was written byObserveNationally ranked inventory picker for 30 years. Victory Formation and Backside Fishing Membership quant-sort pioneer.....Paul Franke...

Tucows, Inc (TCX) Q1 2025 Earnings Name Transcript

Tucows, Inc (TCX) Q1 2025 Earnings Name Transcript

by Index Investing News
May 9, 2025
0

Tucows, Inc (NASDAQ:TCX) Q1 2025 Outcomes Convention Name Might 8, 2025 5:30 PM ET Firm Members Monica Webb - Senior...

B3 S.A. – Brasil, Bolsa, Balcão (BOLSY) Q1 2025 Earnings Name Transcript

B3 S.A. – Brasil, Bolsa, Balcão (BOLSY) Q1 2025 Earnings Name Transcript

by Index Investing News
May 9, 2025
0

B3 S.A. - Brasil, Bolsa, Balcão (OTCPK:BOLSY) Q1 2025 Earnings Name Could 9, 2025 9:00 AM ET Firm Contributors Fernando...

Hit To Owens Corning Inventory Value Overdone (NYSE:OC)

Hit To Owens Corning Inventory Value Overdone (NYSE:OC)

by Index Investing News
May 9, 2025
0

This text was written byComply withI write for retail worth buyers who can not afford to lose cash however generally...

Next Post
From Sociology Major to Seven-Figure Agent Commissions

From Sociology Major to Seven-Figure Agent Commissions

Wall Street Loses Its Landlord Appetite, Listings Slum

Wall Street Loses Its Landlord Appetite, Listings Slum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Tesla, Enphase Energy, Exxon Mobil and more

Tesla, Enphase Energy, Exxon Mobil and more

October 6, 2022
The View Reacts to Trump Naming J.D. Vance As VP Choose

The View Reacts to Trump Naming J.D. Vance As VP Choose

July 17, 2024
UCLA Well being Renews Medical Workplace Lease

UCLA Well being Renews Medical Workplace Lease

April 11, 2025
Pfizer Says Robust Response From 3 Covid Photographs in Younger Youngsters

Pfizer Says Robust Response From 3 Covid Photographs in Younger Youngsters

May 24, 2022
Nobel Peace Prize winners warn of threat of nuclear struggle By Reuters

Nobel Peace Prize winners warn of threat of nuclear struggle By Reuters

October 12, 2024
Byju’s Shifts Focus To Profitable Growth: CEO To Employees

Byju’s Shifts Focus To Profitable Growth: CEO To Employees

September 20, 2022
Where Do We Go Once the Israel-Hamas War Ends?

Where Do We Go Once the Israel-Hamas War Ends?

November 6, 2023
Squeezed homebuyers are just what the economy needed | Commentary

Squeezed homebuyers are just what the economy needed | Commentary

July 9, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In