Subway Also Raises Prices... 15cm Sandwich Up 5.8%

Subway logo.

[Asia Economy Reporter Moon Hyewon] Subway announced on the 6th that it will raise the prices of its main product line, 15cm sandwiches, by an average of 5.8% starting from the 12th of this month.

The price increase applies to a total of 74 items, including 18 types of 15cm sandwiches, 18 types of 30cm sandwiches, and side menus. The average price increase is 333 KRW (300 to 500 KRW) for 15cm sandwiches and 883 KRW (500 to 1600 KRW) for 30cm sandwiches.

Key menu items include the Egg Mayo sandwich, which will increase from 4,600 KRW to 4,900 KRW (300 KRW increase), the Italian B.M.T. sandwich from 5,700 KRW to 6,100 KRW (400 KRW increase), and the Turkey Bacon Avocado sandwich from 6,900 KRW to 7,400 KRW (500 KRW increase). The additional charge of 1,700 KRW for changing a sandwich to a salad will remain unchanged.

A Subway representative stated, “The cost of raw materials is rising sharply due to increases in raw material prices, logistics costs, and labor costs triggered by COVID-19, compounded by grain supply instability caused by the Ukraine war. Due to the continued rise in prices, the profitability of franchise owners, who are small business operators, is rapidly deteriorating, making it unavoidable to adjust prices. We ask for your understanding.”