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Just a regular American
The cost of living keeps rising and a peanut butter and peanut products are just the latest. At least the lower cost of gas helps to alleviate some of the pain but gas is still 75 cents higher than this time last year and still an anchor on the economy. People have to buy gas and food and as long as these prices continue to soar ...
With Christmas less than 2 months away I wonder what sales will look like.
Peanut butter prices skyrocketing - chicagotribune.com
With Christmas less than 2 months away I wonder what sales will look like.
Kraft will raise prices for its Planters brand peanut butter by 40 percent starting Monday, while ConAgra has instituted increases of more than 20 percent for its Peter Pan brand that went into effect this month.
J.M. Smucker, which makes Jif, will introduce price hikes of around 30 percent starting Tuesday.
Consumers, meanwhile, are already seeing these increases reflected at grocery stores.
Maria Brous, a spokeswoman for the Publix chain, said the store had already made slight increases in retail prices and expects them to go higher as the cost of goods continueto rise.
Peanut butter prices skyrocketing - chicagotribune.com