The breakfast cereal giant has announced it will hike the prices of products like Corn Flakes, Pop-Tarts and Pringles to protect margins amid expectations of high-cost inflation in 2022.
The tremendous pressure on companies to offset rising costs by raising prices prompted acclaimed global research company Veylinx to investigate the impact this would have on popular cereals like Kellogg’s Frosted Flakes and Nestlé's Cheerios.