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Alex Mills. View Comments. Petroleum prices edged higher this week. Crude oil peaked mid-week closing at $83.87 per barrel on the New York …
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General Mills, in September, reportedly said that it already expected its input cost inflation to be between seven and eight percent during the 2022 fiscal year. General Mills is the latest company to announce its prices will rise next year, indicating that the issue of rising prices across the country is not going away soon.
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Another cereal giant will increase prices for many of its popular brands earlier than expected, according to CNN. General Mills notified at least one of its major wholesale suppliers that prices increases of up to 20% are expected for brands including Annie's, Progresso, Yoplait, Fruit Roll-Ups, Betty Crocker, Pillsbury, Cheerios, Cinnamon Toast Crunch, Lucky Charm's, Wheaties, and …
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North Texas prices averaged $2.998 up $0.083, West Central averaged $3.070 up $0.081, and East Texas averaged $3.058 up $0.085, according to AAA. Diesel prices across the nation averaged $3.579 ...
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General Mills is far from the first major corporation to announce significant price hikes amid the ongoing inflation and supply chain crises in America. The practice has become commonplace. Well-known companies such as Coca-Cola, Kraft-Heinz, Tyson, Unilever, Proctor and Gamble, and countless others have also responded to the volatile economic ...
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