Reported about 20 hours ago
Americans are reducing their purchases of snacks like Doritos and cookies due to rising prices, signaling that even small luxuries are becoming unaffordable. A recent survey revealed that 42% of consumers are buying fewer snacks as inflation impacts their budgets. Major food companies, including PepsiCo and Campbell, have reported a decline in snack sales, indicating a broader trend of consumers pulling back on both snacks and larger purchases amidst economic uncertainty.
Source: YAHOO