Burger King under fire for series of price hikes
Burger King said it will raise the prices of 32 hamburgers and 47 other menu items and beverages by an average of 2 percent on Friday. The fast-food restaurant franchise decided on the first price hike in eight months after the previous time last July. Due to the continued rise in costs of raw ingredients and logistics, we have inevitably increased our menu prices. However, we minimized the price hike to reduce the burden on our customers,” a Burger King official said. Mom’s Touch and McDonald’s Korea raised their prices by 5.7 percent and 5.4 percent, respectively, in March and February.