Cost of Britain’s favourite crisps like Hula Hoops face price hike in major supermarkets
Brand owner KP Snacks told a trade magazine that 'inflationary pressures' are what caused the rising costs
Britain’s snack-lovers are facing a hike in the price of some of their favourite crunchy treats including Hula Hoops, according to a new report yesterday.
For the latest research shows that bags of several popular best-known treats have been increased by between 5p and 10p in High Street supermarkets.
Brand owner KP Snacks told trade magazine The Grocer that “inflationary pressures “ had caused it to pass on rising costs.
The magazine said that supermarket shelf prices of smaller formats of Hula Hoops, Butterkist and McCoy’s had risen in Tesco and Sainsbury’s.
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Changes included Sainsbury’s increasing Hula Hoops Original and 50g BBQ Beef from 85p to 90p and five Butterkist lines from £1.60 to £1.70.
In Tesco, McCoy’s 47.5g Cheddar & Onion was among eight products to become 5p more expensive at 85p.
KP’s branded sales director Andy Riddle told The Grocer: “ KP Snacks continues to experience inflationary pressures “ but worked “ extremely hard to mitigate the impact."