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Inflation

McDonald's Japan to raise prices on 80% of its items

Series of hikes will leave classic burger 55% more expensive in less than a year

The price of McDonald's Big Mac hamburger will rise to 450 yen from the current 410 yen, in a sign of rapidly spreading inflation.     © Kyodo

TOKYO -- McDonald's Japan said Friday that it will raise prices on some 80% of its menu items on Jan. 16, in a sign of spreading inflation in the once deflation-plagued economy.

The price hikes will range from 10 yen to 150 yen. The move follows a price increase of some 60% of the products on the menu in September.

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