McDonald's To Bump Prices, While Ads Wax Fifties Nostalgic

04/22/2011 01:30 pm ET | Updated Jun 22, 2011

As food costs are expected to rise about four percent in the United States and Europe from last year, McDonald's plans to raise its prices slightly and gradually. In March, the company raised all menu items by one percent, reports Nation's Restaurant News, and plans to "keep taking small, additional menu price increases."