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🇹🇹 Trinidad and Tobago /Economy & Trade

KFC raises prices in Trinidad and Tobago

From Trinidad Express · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • KFC Trinidad and Tobago raised prices on nine of 30 core menu items by 2% to 5%, with increases ranging from $1 to $4.
  • Prestige Holdings CEO Simon Hardy attributed the changes to higher poultry supply-chain costs, including hatching eggs, and increased foreign-exchange expenses.
  • The increases follow earlier price adjustments in 2022, 2023 and 2024, drawing criticism from some customers on social media.

KFC Trinidad and Tobago has raised the price of several meals, with some now costing $4 more as the chain faces higher input costs and more expensive access to foreign exchange.

Prestige Holdings Ltd chief executive Simon Hardy said the latest increase affected fewer than one-third of the chain’s core menu. Nine of 30 items rose by between 2% and 5%.

The input costs would have gone up.

— Simon HardyThe Prestige Holdings CEO explained why KFC increased prices.

Hardy pointed to mounting costs throughout the poultry supply chain, including the price of hatching eggs. “If the price of hatching eggs goes up, then everything else goes up,” he said. The company had absorbed the costs for a period, he added, but could no longer maintain that approach.

If the price of hatching eggs goes up, then everything else goes up.

— Simon HardyHardy described rising costs across the poultry supply chain.

Price checks found increases on meals including the Mega 6, which rose from $119 to $122, and the Mega 10, which went from $185 to $189. The Zinger Sandwich Combo increased from $39.95 to $41.95, while the Supa Deal rose by $1 to $30.95. KFC has also introduced a kiosk-only Snack Pack special, with two pieces and one regular side for $29.95.

The Express compared advertisements posted on KFC Trinidad and Tobago’s Facebook page between January and June with prices currently listed on the company’s website. Some customers criticised the increases online, with others pointing to local competitors or saying they would make fried chicken at home. The latest changes follow increases in 2022, December 2023 and February 2024.

We have also introduced a Kiosk-only special for the Snack Pack (two pieces and one regular side) for $29.95, which is a great offer.

— Simon HardyHardy highlighted a new lower-priced kiosk-only promotion.
About this summary

Originally published by Trinidad Express in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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