As you know, prices are climbing for everything from coffee and chocolate to tires and toilet paper. Here are a few things going up:
Airlines have been raising ticket prices steadily to pass on the expense of higher fuel costs. Domestic round-trip fares were boosted a half dozen times this year by $4 to $10 each.
Hershey’s Chocolate raised its wholesale prices nearly 10% in late March. We may not feel the pinch until after Easter.
Coffee prices jumped 27% between December and March as companies passed along their record cost of unroasted beans.
McDonald’s is dealing with higher ingredient costs and expects to raise U.S. prices this year. The cost of fruits and vegetables has risen 23% in three months, including bananas up 10% and potatoes up 39%.
Furniture manufacturers are increasing prices up to 7% due to higher costs of cotton, yarn, leather and steel.
Diapers, soap, toilet paper, toothpaste, trash bags and many other everyday items all have been targeted for price hikes as companies respond to rising ingredient costs.
State Farm and Allstate, the nation’s two biggest home and auto insurers, are pursuing further price hikes.