Companies Warn of Price Hikes for Products Like Trash Bags, Breakfast Cereal, and Household Appliances
Consumer Analysts says major companies like Clorox, General Mills, and Whirlpool are warning that we will soon see price hikes on things like trash bags, breakfast cereal, and household appliances.
The returning demand for goods, production delays, and supply issues with items like computer chips have companies raising prices on goods.
Rising lumber prices have caused home prices to hike by nearly 12% over the last year, too.
Read More Here: https://www.businessinsider.com/consumers-price-hikes-inflation-staples-cereal-trash-bags-appliances-2021-5