McDonald's Increases The Price Of Cheeseburger

BRISTOL, UNITED KINGDOM - JULY 27: A man eats a McDonald's cheeseburger on July 27, 2022 in Bristol, England. McDonald’s has announced that the price of a cheeseburger will increase for the first time in 14 years blaming soaring costs and said other big price increases were on the horizon. The increases come as the UK faces a cost of living crisis, as inflation hits a near-30-year high, the war in Ukraine puts pressure on food prices and rising energy bills squeeze household incomes still further. To add to the misery, many UK households face a further rises in home energy prices as energy price caps are raised. (Photo by Matt Cardy/Getty Images)