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YUM CHINA's KFC China Hikes Prices for First Time in 2 Yrs by Avg. 2%
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KFC China, the fast-food restaurant chain of YUM CHINA (09987.HK) (YUMC.US), initiated a price hike today (24th), marking the first time in 2 years that the brand has raised prices in the China market, according to various Chinese media. The average price hike rate is 2%, with product prices increasing by around RMB0.5-RMB2, according to the report. Special combo such as the “Crazy Thursday” special offer remains unchanged at their original prices. AAStocks Financial News |
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