Saturday, October 03, 2009
No Longer Loving It: McDonald's Price Hikes
If staring at giant quarter pounder photos in buses make you feel like rushing to a nearest McDonald's outlet, then this is bad news for you.
Price of McDonald's menu items will rise by about 50 cents max in a few weeks time. Sounds reasonable now that the consumer price index for beef products, main ingredients of hamburgers, chicken and sugar have increased recently. But this price hike happens for the second time in just five months; McDonald's already raised prices last June by about 20 to 30 cents. For example, McFlurry, which now costs HK$9.30, used to be HK$8.
If only McDonald's saves its energy usage by turning of neon lights during day time instead of passing costs to consumers.
Just imagine if you add a few more cents, you'll have beef noodles or dumplings from a cha chan teng that's enough to cover a meal.
Photo critic: Fast Food Critic