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Frugal U.S. consumers make it tough for food companies to raise prices
date:May 15, 2014
raised, or will soon increase, prices on about 45 percent of the products in its portfolio, including cheese, cold cuts and bacon. Hillshire raised the prices on Jimmy Dean sausage and Ball Park hot dogs as retail pork prices hit a record high of $1.99 a pound in March, from $1.40 a pound a year ago, according to the U.S. Department of Agriculture. McDonald's eliminated its dollar menu last year to give it flexibility to raise prices to offset high costs for meat and other ingredients.

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12/25 18:27