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Snacks set for price hike in 2022

Oreo cookies set for 2022 price hike
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Get ready to dig deeper in your pockets for cookies, crackers and candy in 2022.

Mondelez, the maker of Oreo cookies, Ritz crackers and Sour Patch kids will raise prices next year.

Inflation is to blame for the upcoming price hike.

The company's CEO said on am investor call that he's looking at a 7 percent increase.