Prepare to pay more for Oreos!
Mondelez, the makers of snacks like Oreos and Ritz Crackers, have hiked their prices by 7%, blaming inflation.
The company's CEO also said that it will continue to be difficult to find things like Oreos on store shelves due to a recent worker strike and labor shortages.
Mondelez has paused production on 25% of its snacks as it tries to boost production on its more popular items, like Oreos.