Kraft Heinz said in a recent letter to its customers that it will raise prices in March on dozens of products, including Oscar Mayer hot dogs and Velveeta cheese
Kraft Heinz said in a recent letter to its customers that it will raise prices in March on dozens of products, including Oscar Mayer cold cuts, hot dogs, sausages, bacon, Velveeta cheese, Maxwell House coffee, TGIF frozen chicken wings, Kool-Aid and Capri Sun drinks. The increases range from 6.6% on 12oz Velveeta Fresh Packs to 30% on a three-pack of Oscar Mayer turkey bacon. Most cold cuts and beef hot dogs will go up around 10% and coffee around 5%.
Read MoreIf retailers decide to pass on any of the increased costs, these items will be more expensive for shoppers in stores. US consumer prices rose 7% annually in December, the steepest climb in 39 years.Kraft Heinz has already raised prices on some of these same foods in recent months. In October, the company said it would increase prices on Oscar Mayer cold cuts and hot dogs.
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