https://www.dailymail.co.uk/news/article-10908727/Kraft-Tyson-McDonalds-owners-say-higher-costs-passed-customers.html

Food prices set to soar even MORE: Kraft,

Tyson and McDonald's owners say higher

fuel, labor and ingredient costs will

be passed on to customers

Daily Mail (UK), by Melissa Koenig

Posted By: Imright, 6/12/2022 12:33:47 PM

The already exorbitant prices American consumers are spending on groceries is expected to increase even more as company executives continue to pass on the high costs of fuel, labor and ingredients onto shoppers.Executives at companies like Kraft Heinz, Tyson Foods and even eateries like McDonalds have announced they will continue to raise prices, as they face these higher costs, according to the Wall Street Journal. Kraft, for example, notified retailers on Monday that it would raise prices in August on items ranging from Miracle Whip and Classico pasta sauce to Maxwell House coffee products and some deli meats.