Customers are seen through the windows of a McDonald's store (top) in Tokyo, while others stand in line in front of cash registers, July 22, 2014.

The two rounds of hikes this year are the first since 2019.

From this Friday, the cost of the signature Big Mac hamburger will increase to 410 yen ($2.85) from 390 yen, McDonald's Holding Company Japan Ltd said in a statement, reflecting increases of 10 to 30 yen on many items.

A Big Mac costs $5.15 in the United States, according to The Economist magazine's index of prices worldwide.
The price difference implied that Japan's currency was undervalued by 45%, according to the gauge when it was last updated in July.

Rising production costs and the yen's slide have spurred price increases by 60% of major Japanese restaurants, according to a survey issued this month by Tokyo Shoko Research.
Source: Investing.com
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