Domino's Pizza will raise prices on all of its pizza products by 4.4% starting Monday.
The price increase is the first in roughly five years, since 2022. Large pizzas will go up 1,500 won and medium pizzas 1,000 won. The Black Tiger Shrimp pizza will rise from 36,900 won ($27) to 38,400 won for a large, and from 30,000 won to 31,000 won for a medium. The Potato pizza will increase from 27,900 won to 29,400 won for a large, and from 20,500 won to 21,500 won for a medium.
"For the past five years, we have participated in the government's price-stabilization efforts and absorbed rising costs at the corporate level," a Domino's Pizza official said. "As domestic and international instability has grown and the burden on both the company and its franchisees has intensified, a price adjustment has become unavoidable."
korean@heraldcorp.com
