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Inflation hits McDonald's as menu gets a price hike

McDonald's
/ 27th July 2022 /
George Morahan

McDonald's has confirmed several items on its menu are set for a price hike, with the price of a cheeseburger set to rise for the first time in 14 years, as inflation continues to bite.

The price of breakfast meals, main meals, and staple items such as coffee, McFlurrys and McNuggets will all be increased, but prices will be set by individual franchises and will vary from restaurant to restaurant.

"Price increases will affect select McDonald's offerings including breakfast meals, main meals, large coffees, McFlurrys, the Chicken Mayo, the McNuggets share box and some Go Large options," McDonald's said in a statement.

"However, some products will be unaffected, such as McDonald's wraps and salad range."

Alistair Macrow, CEO of McDonald's UK & Ireland, stated: "We're living through incredibly challenging times and we’re all seeing the cost of everyday items, such as food and energy, increase in a way many of us have never experienced.

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McDonald's
Price hike
McDonald's is increasing the price of its cheeseburger in Ireland for the first time in 14 years. (Pic: Justin Sullivan/Getty Images)

"Just like you, our company, our franchisees who own and operate our restaurants, and our suppliers are all feeling the impact of rising inflation."

He added: "At times like this, we know that providing great value is important. Since we opened in Ireland in 1977, we have committed to offering great tasting food at affordable prices, and that commitment will not change.

"But, today’s pressures mean, like many, we are having to make some tough choices about our prices.

"This summer, our restaurants will be increasing prices on a number of menu items which have been impacted most by inflation. From today, we’ll be increasing the price of our cheeseburger for the first time in over 14 years, taking it from €1.50 to €1.70.

"Some prices remain unaffected, and some will continue to vary across our restaurants. We understand that any price increases are not good news, but we have delayed and minimised these changes for as long as we could."

(Pic: Getty Images)

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