McDonald's ups double cheeseburger price

McDonald's ups double cheeseburger price
Tags: Burger/Steak/BBQ, Food & Beverage, Trends / Statistics
November 25, 2008

The Chicago Tribune: McDonald's has officially raised the price of its double cheeseburger to the recommended price of $1.19 beginning Dec. 1, moving the sandwich off the chain's value menu. In its place, the company will offer the McDouble, with two patties but only one slice of cheese.

Since the introduction of the dollar menu in 2002, the cost of ingredients and commodities have soared, forcing the move.

Click to continue

The Wall Street Journal reports that raising the double cheeseburger price will save the company six cents per burger.

Rival Burger King has tested a smaller Whopper Jr. hamburger to combat ingredient costs. (Subscription may be required.)