Kraft Heinz: Our Prices Going up 20%

[marvin martian]

Alright John Kerry! I knew you had it in you!

Screw the poor!
“Kraft HeinzCo. told retailer customers that it would raise prices across many of its products including Jell-O pudding and Grey Poupon mustard, with some items going up as much as 20%, according to a memo viewed by The Wall Street Journal.”

WSJ behind a paywall.

Here We Go, Kraft Heinz Tells Grocery Retailers Price Increases Beginning 2022 Will Be Up to 20 Percent - The Last Refuge

Hopefully everyone has done their preparatory diligence and are well situated to assist their family, because prices on fast turn consumable goods (groceries) are now less than 30 days from entering exponential increase phase. CTH has been counting down the days to impact as the contract terms...

theconservativetreehouse.com

Thankfully, only rich people eat, so Biden's claim that inflation only affects the wealthy is still totally true.

 

[Siberian]

inflation in US industry right now is more than 25%.

it means when it gets to retail it will be even higher.

hyperinflation is on the horyzon...