With Commodities Costs Up, CPG Companies Raise Prices
March 28th, 2008
ConAgra Foods Inc. (CAG) became the latest food company to increase prices – in their case by some 5% on almost all of their consumer brands. They join a list of companies that have implemented price increases in recent month, including: Kellogg Co., Kraft Foods Inc. and Sara Lee Corp. Dow Jones Newswires/The Wall Street Journal (Mar. 28, 2008)
Tags: commodities, inflation, prices