Ric Rush

Ric Rush

iHeartCountry Host with On-Air stories that are loosely based in truth. It either almost happened, I wished would’ve happened, or I str8 up lied. #iheartcountry

 

Here's Why the Price of PepsiCo Products Is Going Up

Ice cubes in soda

Photo: Getty Images

You’re not imagining things, prices at the grocery store are on the rise. For Pepsi drinkers that means your favorite soda will be more expensive starting now through the new year. Higher production costs and worker shortages are the cause of the higher prices and PepsiCo’s CFO Hugh Johnston says that it's not just Pepsi who are raising prices, other companies such as Procter & Gamble and their competition, Coca-Cola are also seeing higher costs. The price hikes will affect PepsiCo's soft drinks as well as its snack line. As the year ends keep a watch on those prices if you’re trying to watch your pocketbook. Has your grocery bill gone up? What is cheaper, going out to eat or eating at home? 


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