McDonald’s first quarter sales boosted by higher prices

Boss Chris Kempczinski said the company is starting to see resistance to price increases in many markets.

McDonald’s has reported higher-than-expected sales in the first quarter as restaurant traffic grew despite higher prices (Urbanbuzz/Alamy/PA)

McDonald’s has reported higher-than-expected sales in the first quarter as restaurant traffic grew despite higher prices.

Global same-store sales rose 12.6% compared to the January-March period last year, the burger giant said on Tuesday.