McDonald’s Korea to Hike Prices on 13 Menu Items Due to Rising Costs

SEOUL, - McDonald's Korea announced on Thursday that it will raise the prices of 13 menu items by an average of 3.7 percent next week, attributing the increase to elevated food and shipping expenses.

According to a new release by the Yonhap News Agency, starting on November 2, the cost of a Big Mac will be 5,500 won (US$4.06), an increase of 300 won. The McSpicy Shanghai Burger and the Bulgogi Burger will also see a price hike of 300 won each. The Egg Bulgogi Burger will cost 400 won more, while the price of an Iced Drip Coffee will rise by 200 won.

However, the prices of Happy Meals, which include a Bulgogi Burger as part of a children's set, and McLunch items will remain unchanged, the company stated.

This move follows a previous price adjustment that took place in February. McDonald's Korea cited surging ingredient and shipping costs as the main factors for the planned price increases.

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