KFC Raises Prices of 23 Chicken and Burger Items by 200-300 Won

Prices Also Increased by 100 to 300 Won in April Last Year

Burger franchise KFC announced on the 13th that it will increase the prices of a total of 23 menu items, including chicken and burgers. As a result, the price of one piece of Hot Crispy Chicken will rise from 3,300 won to 3,500 won, and the price of one piece of Original Chicken will increase from 3,300 won to 3,600 won, respectively.

KFC stated, "Due to the ongoing high exchange rates, rising raw material prices, and increased overhead costs, we have adjusted the prices of some menu items in order to maintain stable quality and services." The company also explained, "To minimize the burden on customers, we have lowered or frozen the prices of certain items." The price of the Zinger Double Down Whole Leg Burger has been reduced by 100 won, and Hot Wings by 300 won. The prices of single items such as Zinger, Zinger Tower, Twister, and Kenchibap will remain unchanged.

This is the first time in about a year that KFC has raised its prices. In April last year, the company also increased the prices of some menu items by 100 to 300 won, citing rising raw material prices and overhead costs.

Meanwhile, KFC Korea recorded its highest-ever performance last year. Sales increased by 29.3% year-on-year to 378 billion won, and operating profit was recorded at 24.7 billion won, up about 1.5 times from the previous year.