Tuesday, March 14, 2017

Irexit would mean more expensive pints and crisps

Wall Street Journal ($) on sterling depreciation impact on British prices --

PepsiCo Inc.-owned Walkers, which makes potato chips, also boosted prices by 10%, citing the weak pound. While Walkers’ potatoes are British grown, other ingredients like oil, seasonings and packaging materials are imported. Heineken NV raised its beer prices in the U.K. by 3.6%.

No comments: