Grocery store prices set to increase in 2022

(NBC) Get set to pay even more at the grocery store next year. Many food manufacturers have said they plan to raise prices for a range of items from coffee to condiments like mustard and mayonnaise.

Food prices overall are forecast to rise 5% in the first half of 2022, according to Information Research, Inc.

Oreo maker Mondelez recently said it’s hiking prices across its cookies, candy and other products by 6 to 7%.

General Mills and Campbell Soup also plan price increases in January.

The Wall Street Journal reports Kraft-Heinz has told retailers it will raise prices for Jell-O and Grey Poupon, among other products, with some going up as much as 20%. However, Kraft says it won’t be passing all of that on to customers.

Many staples are expected to be more pricey, in part because of higher labor, packaging and shipping costs.

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