Domino's Pizza Raises 'Pizza Prices' 4.4% for First Time in Five Years
Large pizzas up 1,500 won; medium pizzas up 1,000 won
Domino's Pizza will raise prices on its pizza products by 4.4%, marking its first increase in five years since 2022.
Domino's Pizza announced on October 8 that it would raise prices on its pizza products as the burden of rising costs continues to mount. Under the change, large pizzas will increase by 1,500 won and medium pizzas by 1,000 won. The new prices will take effect on October 12.
Domino's Pizza said that over the past five years, it had absorbed the burden of rising costs at headquarters to support the government's efforts to stabilize prices and minimize the burden on consumers. However, it said the increase had become unavoidable as growing domestic and international instability had further intensified the burden on both headquarters and franchisees.
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A Domino's Pizza representative said, "We had not adjusted the prices of our pizza products over the past five years in support of efforts to stabilize prices, but mounting pressure from rising costs has made a price adjustment unavoidable. We ask for the kind understanding of our customers who love Domino's Pizza, and we will continue striving to provide the best products and service."
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