The price of Cereals and Bakery Products jumped 11.6% year-over-year, marking the biggest jump since July of 1981, likely impacted by the soaring prices of fats and oils, up 16.9% compared to a year ago, with butter and margarine up 20.2%.
The North American sweet snacks giant rewarded nearly 2,000 bakery and distribution centre employees for their hard work to get products out during the pandemic.
