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PepsiCo to Hike Prices on Snacks and Sodas | Los Angeles News
PepsiCo is increasing prices on popular snacks, including Doritos, Ruffles, and SunChips, after previously cutting them to lure customers amid inflation. The price hike, which will be in single-digit percentages, is driven by rising costs for fuel, aluminum, and agricultural supplies. Despite the increase, prices will still be lower than they were at the beginning of the year. Facing stagnant snack volumes and a decline in beverage sales, PepsiCo plans to cut costs and reinvest in its beverage www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…
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