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Mondelez Says Snack Prices to Rise Further as Costs Grow

Mondelez Says Snack Prices to Rise Further as Costs Grow

Mondelez International Inc. said prices for its cookies and candies would climb further in the months ahead as the snacking company aims to stay ahead of escalating costs.

The maker of Oreo cookies, Toblerone chocolate and Sour Patch Kids candy is raising prices around the world, executives said Tuesday, as Mondelez pays more for ingredients, transportation and wages and as demand for its products grows.

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