Reports: McDonald’s raises Big Mac price by 50% in Egypt
One Egyptian media outlet is encouraging people to make McDonald’s food at home in response to the price hike, which comes amid soaring food costs across the region.
McDonald’s has significantly raised its prices in Egypt, according to local media reports.
The Egyptian news outlet Akhbarak published a graphic July 17 of McDonald’s prices before and after the jump. A Big Mac combo meal, which includes French fries and a drink, previously cost 52 Egyptian pounds ($2.74). Now, a Big Mac meal costs 78 Egyptian pounds ($4.12). This constitutes a 50% price increase.
The price of various options on the American fast food giant’s menu have increased, but not all by the same amount. The price of a Double Big Tasty meal, for example, increased from 127 Egyptian pounds ($6.70) to 149 Egyptian pounds ($7.86), per Akhbarak. This constitutes a 17% price increase.
Other Egyptian media outlets also picked up the story. The state-owned news outlet Al-Ahram reported yesterday that McDonald’s prices have increased numerous times in Egypt this year, which has angered customers.