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craft heinz. the list prices of our products continue to reflect the costs of our products. sandra, it s true, it s not just kraft heinz. fast food is also getting more expensive. mcdonalds, prices went up 6% last year. the burger chain is squeezed. it s a similar story for little caesars, the famous hot and ready pizza. it s going from $5 to $5.55. domino s is facing the same issue. they re shrinking the number of chicken wings that come in the carry-out deal going from 10 to 8 and keeping the price the same, $7.99. the food industry is battling for customers, trying to maintain a work force and protect margins. the price hikes we ve seen now are not likely to be the last. sandra: thanks, lydia. let s go to bill johnson, the former ceo of heinz. welcome, bill. it s not just your former company raising prices.
several times this year on top of an increase in october and last month on what? well, that depends on where you live. consider this, their large venti coffee sets you back $2.45 last year, now it s nearly $3. amazon announcing a 17% increase in the price of prime. it will now cost subscribers $139 a year for fast shipping and ore perks other perks. this marks the first increase since 2018. and the items that amazon ships will cost more too. chlorox planning to raise prices on 85% of the products they sell by the end of june. chlorox sells cleaning items but also brita water filters, glad trash bags and hidden valley ranch. and they re not alone. kimberly-clark raised prices four times last year. add hershey, craft heinz,
beyond. gerri willis is live in new york. any way around this? how can consumers adjust and keep some of their money in their pockets? this is tough stuff, no kidding, arthel. i have to tell you after a really tough year of inflation, a budget busting inflation in everything from meat to gas, 2022 looks to be the same. in fact, we re expecting inflation in food prices alone to be 5% higher in the first half of the year. let s dig into this. cookies, candies and other products will rise 6% to 7%. craft heinz will raise prices with as high as 20%. general mills are raising prices starting next month. the interesting thing is the biggest price hikes go to the things with that are the heaviest. wine, beer, liquor, potatoes and celery will carry higher
debt ceiling for two months, possibly avoiding a debt ceiling. the boss of craft heinz says the situation has become so bad that it s impossible not to pass on higher costs to consumers. and he was asked whether high prices are likely to be replicated elsewhere. this is very different to other years of inflation. in previous years of inflation. in previous years there were other innovations of coffee or we had a brad croft in beans but what is different now is that this inflation is across the board. and so it s to navigate through this inflation during the crisis. it s up to us and others in the industry to try