Cost of McDonald’s cheeseburger rises to €1.70

McDonald’s Ireland has confirmed that it has increased the price of a number of items on its menus, with the cost of a cheeseburger rising from €1.50 to €1.70.

The company said: “Since we opened in Ireland in 1977, we have committed to offering great tasting food at affordable prices, and that commitment will not change. But, today’s pressures mean, like many, we are having to make some tough choices about our prices.

“This summer, our restaurants will be increasing prices on a number of menu items which have been impacted most by inflation.”

McDonald’s Ireland said some prices remain unaffected, and some will continue to vary across its restaurants.

“We understand that any price increases are not good news, but we have delayed and minimised these changes for as long as we could,” the company added.

In the UK, McDonald’s is also hiking the price of its cheeseburger for the first time in 14 years as the fast-food giant passes the effect of soaring costs onto customers.

The company told UK customers that it is lifting the price of a cheeseburger from 99p to £1.19.

McDonald’s said that it is increasing the price of “menu items impacted most by inflation” by between 10p and 20p.

However, it also stressed some products will be unaffected and others will vary across the UK as some prices can be altered by franchisees.

McDonald’s UK & Ireland chief executive officer Alistair Macrow said the increases are needed to help the business cope “through incredibly challenging times”.

“Just like you, our company, our franchisees who own and operate our restaurants, and our suppliers are all feeling the impact of rising inflation,” he said in an email to customers.