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PepsiCo Prepares Snack Price Hikes for Late June

Bloomberg Reports PepsiCo Preparing New Snack Price Increases for Late June PepsiCo is set to raise prices on some of its smaller chip bags, a move likely to be met with skepticism by consumers who have grown accustomed to being squeezed by soaring prices.

The company claims the price hikes are necessary due to rising production, distribution, and retail costs in the US.

The planned price increases, which range from 10 to 20 cents per bag, will affect only a limited number of single serve products.

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