Oreo Cookies, Ritz Crackers, And Sour Patch Kids Will Cost 7% More Next Year
The knock-on effect for rising commodity prices, labor shortages, shipping congestion, and increased transportation costs will result in a rise in junk food prices.
Mondelez CEO Dirk Van de Put told CNBC Tuesday that Oreo cookies, Ritz crackers, and Sour Patch Kids will be more expensive next year.