Biscuit developer McVitie states the rates of many of its best selling manufacturers are placed to soar. The tight that Pladis Global runs said models like Jaffa Cakes, Hobnobs and penguins might climb in cost by almost five %.
It blamed staff absences, costlier ingredients, and greater labour costs that it states it’s to pass onto customers.
Nevertheless, it stated that its “humble milk chocolate digestive” is less affected.
Pladis’s UK managing director, David Murray, said: “Omicron disruption, absenteeism, and also the soaring price of business going ahead present a huge challenge for us.
“After the morning, like in several other types, it is going to flow through to higher prices.”
Pladis, which also companies Jacob’s crackers and Go Ahead fruit bars, said it’d seen a two-fold digit percentage price increase on components like cocoa beans lately.
“We’ve managed sizable challenges before at the food business – whether or not it is natural catastrophes, inflation in the financial crisis,” Mr Murray said.
“It’s the compression of the task, mixed with the scale of several of them [that differs this time],” he added.
Shortages of countless products, including building materials and computer chips, are creating supply issues and pushing up costs across industries.
The cost of living surged by 5.1 % in the twelve weeks to November, up from 4.2 % the month before, and also the highest level since September 2011.
Food and drink firms recently warned they’d seen “terrifying” price rises, which could have a knock-on impact on consumers.