Kraft Heinz CEO Says More ‘Rounds of Price Increases’ Coming as Inflation ‘Will Continue’

Posted on October 26, 2022
Kraft Heinz CEO Says More ‘Rounds of Price Increases’ Coming as Inflation ‘Will Continue’

NORTHFIELD, IL - AUGUST 5: A Kraft Foods sign is displayed near its corporate headquarters August 5, 2003 in Northfield, Illinois. Northfield, Illinois-based Kraft Foods North America, the largest branded food company in North America, acquired the "Back to Nature" brand cereal and granola business from San Dimas, California-based Organic Milling, Inc., a privately held manufacturer of natural products. (Photo by Tim Boyle/Getty Images)

According to an estimate from Moody’s Analytics cited by CNBC, soaring inflation is forcing American households to spend an extra $445 more per month buying the same items they did this time last year.

Photo by Tim Boyle