Tuesday, 25th March 2008
In Business In Japan,
KFC Japan plans price rise
Kentucky Fried Chicken (KFC) Japan has announced details of forthcoming price rises.
Due to be implemented on April 24th, the new price increases will be applied to a number of different products, including pieces of fried chicken, reports the Japan Times.
Across a range of 22 different products, the average price increase will be at a rate of 6.8 per cent.
The price rise has been blamed upon cost increases in a number of different areas, including the price of wheat, frying oil and the cost of chicken meat.
Chicken cost increases have been blamed upon the rising price of grain for feed.
"Since the Colonel started cooking the juiciest, tastiest chicken in his own kitchen over 50 years ago, we've built a reputation for outstanding quality and finger lickin' good taste," KFC claims on its website, adding that "millions of people" enjoy its products every day.
The cost of original chicken pieces will increase by ¥20 to ¥230 per piece.