A few days after the start 2022 there is already talk of a new rise in food prices, various companies are preparing the increases. The increases will be in products such as macaroni and cheese, mustard or sandwiches, a situation that shows that the problem of inflation will continue to be present .
According to the research firm IRI, it is estimated that food prices will increase by 5% in the first half of 2022, although the price level will vary between supermarkets and regions.
Tony Sarsam, CEO of food distributor SpartanNash, told FOX that agricultural products, dairy and packaged foods Such as bread and juice are among the many items that will be more expensive .
Mondelez International Inc. recently reported that it was increasing the prices of cookies, candy and other products sold in the United States by between 6% and 7% from January. General Mills and Campbell Soup said their price increases would also take effect in January.
Kraft Heinz made it known to retailers it supplies that it would increase the prices of its products, including pudding. of gelatin and Gray Poupon mustard, and that some articles rose as much as 20%, according to information collated by The Wall Street Journal.
Kraft Heinz said the average price increase for its products will be 5%, adding that it was not passing on all the cost increases to customers. Gray Poupon production costs increased by 22% and the company is increasing them by between 6% and 13 % for customers, the company said.
The next price increases in 2022 range from 2% to a 20%, and will affect all sections of the grocery store, including produce and packaged goods.
Potatoes, celery and other heavier vegetables will have higher prices, in part due to higher transportation costs, supermarket executives said. Wine, beer, and liquor are also likely to be more expensive, they said, especially imported ones.
According to a FOX report, staples are expected, such as mayonnaise and frozen meals are more expensive in part due to higher labor, logistics and packaging costs, some executives said.
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