Introduction
It’s no secret that food prices are on the rise, and now one of the biggest food companies in the world is joining the trend. This Huge Food Company is raising its grocery prices next month, and it’s likely to have an impact on your grocery bill. But don’t worry, Eat This Not That is here to help. We’ll show you how to save money on groceries and still get the food you need. We’ll also provide tips on how to make the most of your grocery budget and find the best deals on food. So, don’t let rising prices get you down. With Eat This Not That, you can still eat well and save money.
This Huge Food Company Is Raising Its Grocery Prices Next Month — Eat This Not That
It looks like grocery prices are about to go up for one of the biggest food companies in the world. According to reports, the company is planning to raise prices on some of its most popular items next month.
The company, which is one of the largest food producers in the world, has not yet revealed which items will be affected by the price increase. However, it is likely that staples such as bread, milk, and eggs will be among the items that will see a price hike.
The news of the price increase comes as a surprise to many shoppers, who have already been dealing with rising food costs due to the pandemic. With the cost of food already on the rise, the news of a price increase from this major food company is sure to be a blow to many shoppers.
So, what can shoppers do to save money on groceries? The best way to save money is to be mindful of what you buy and to look for deals. Eating less processed foods and opting for fresh produce can also help you save money. Additionally, shopping at discount stores or buying in bulk can help you save money on groceries.
It’s also important to remember that there are still plenty of ways to save money on groceries, even with the price increase. Eating out less, meal prepping, and using coupons are all great ways to save money on groceries. Additionally, shopping at farmers markets or joining a CSA can help you get fresh produce at a lower cost.
No matter what, it’s important to remember that there are still plenty of ways to save money on groceries. With a little bit of planning and creativity, you can still enjoy delicious meals without breaking the bank.
Grocery items are getting more expensive, and food manufacturers admit the end isn’t in sight. Mondelez, the maker of Oreos and Ritz Crackers, just revealed its prices are going up 7% and stores may have low supplies of its beloved snacks.
However, the snack aisle isn’t the only aisle at your local supermarket where price tags are increasing. Kraft Heinz is also about to hike prices, meaning items are about to get more expensive storewide. In fact, it’s the second time in only a few months that the company is doing so.
Related: 6 Things You’ll See at Costco This Year
In a letter, Kraft Heinz told customers that the prices of certain household staples would go up between 6.6% to 30%. The company said the increases were the result of “constrained supply, logistic bottlenecks and weather-driven crop losses.”
To put things into perspective, the current inflation rate is about 7% higher than it was a year ago (which is the highest it’s been in decades).
If your grocery list includes Velveeta or Oscar Mayer meats, get ready to divvy up more for these items in the coming weeks, according to CNN.
“The increases range from 6.6% on 12 oz. Velveeta Fresh Packs to 30% on a three-pack of Oscar Mayer turkey bacon,” the outlet’s Nathaniel Meyersohn reports. “Most cold cuts and beef hot dogs will go up around 10%.”
And that’s not it . . .
From coffee to school lunch drinks, also expect to pay more for beloved beverages on your shopping list. Maxwell House java is reportedly going up around 5%, while certain Capri Sun and Kool-Aid options are increasing by 20%.
Though a Kraft spokesperson told CNN that the company was creating larger package sizes for certain products and making others more affordable, that doesn’t ensure your next trip to the supermarket will be as cheap as it was in the days prior to the pandemic. For some handy money-saving tricks, read this article about how to save big.