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PepsiCo to raise prices on sodas and snacks

Original: PepsiCo plans to raise prices on sodas, chips and dip — and that has Wall Street worried

PepsiCo says it will raise prices on sodas, chips and dips, and Wall Street is reacting with concern. Investors worry that further price increases could push cost-conscious consumers away from its snacks and beverages, adding pressure to sales volumes even as the company seeks to protect profit margins against ongoing cost inflation.

Why now: A major consumer goods company raising prices signals continued inflation pressure and raises concerns about consumer demand.

PepsiCoWall Street

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