- Three popular snacks will be serving up steeper prices next year.
- Oreo cookies, Ritz crackers, and Sour Patch Kids will soon be more expensive, according to Mondelez CEO Dirk Van de Put.
- He told CNBC, “We, at the moment, are looking at starting off 2022 with a 7% price increase in the U.S.”
- Van de Put said worldwide supply chain issues are to blame.
- Keeping retailers well-stocked with products has been difficult, he added, noting that on-shelf inventory is “nowhere near where we would like it to be.”
- What snack or treat are you not willing to go without — no matter how high the price goes?
