'I'm not lovin' it'; McDonald hikes menu prices in this country

As Japan grapples with inflationary pressures and a slide in the yen to a 24-year-low, the country's McDonald's fast food restaurants are planning to raise menu prices for the second time this year.

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

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.

The company, which operates stores for Chicago-based McDonald’s Corp., said it has been affected by “a recent surge in raw material prices, rising labor, logistics and energy costs, as well as rapid exchange rate fluctuations.”