CNN The Lead With Jake Tapper January 31, 2022 22:42:00
That's a trend continuing this year with no end in sight. gabe, big name food brands are announcing price hikes on many essential items. why? >> if it feels like you're paying more money at the market, it is because you are. grocery costs are up 9% in the past year. and experts think this will continue in the weeks and months ahead. as you mentioned, big name brands are hiking prices on a really large range of products. kraft heinz is one of the latest. they announced an increase on kool-aid, cold cuts and hotdogs. nearly 7% on other sides. on tide and laundry products, 8%, and general mills, ...