As inflation surges to levels not seen in decades and as supply chain disruptions continue to present challenges, food manufacturers are preparing to raise prices across a broad range of products in 2022. A report on Monday from The Wall Street Journal cited data from research firm IRI that estimates a 5% rise in food prices in the first half of next year.
If you think groceries prices are already through the roof, brace yourself because this means that you can expect your trips to the supermarket to become even more expensive in the new year. Prices for pretty much everything, from staples like dairy products, bread and produce to candy, snacks, mustard and alcohol, are expected to jump in 2022, according to supermarket executives the Journal spoke with.
www.cnet.com/google-amp/new