Packed food giant Kraft Heinz has warned wholesalers that prices on some of its most popular items are about go up, as inflation continues to impact a wide range of household goods.
In a letter to wholesale suppliers this week, the company warned that it is preparing to increase prices on a wide range of consumer staples starting in March, reported.
The increases include a 6.6 percent hike on 12oz Velveeta Fresh Packs and a 30 percent jump for a three-pack of Oscar Mayer turkey bacon.
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