McDonald's Corp has raised menu prices in the Chinese mainland by 0.5 yuan to 1 yuan per item with immediate effect because of rising materials costs as the country grapples with accelerating food prices increases.
McDonald's, which has more than 1,000 outlets in China, was raising prices for the first time this year, while Yum! Brands, parent of KFC and Pizza Hut chains, had so far kept prices unchanged, the official Xinhua News Agency said.
"Because some materials prices have increased, we have adjusted menu prices accordingly," a McDonald's (China) Co Ltd spokeswoman said.
She said the increases only applied to the Chinese mainland, and its restaurants in Hong Kong and Macau were not affected.
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