Beverage consumers should expect to see higher prices for soft-drinks on U.S. store shelves this year.
Industry analyst John Sicher said today that the price increase is due to higher costs for aluminum and corn syrup.Sicher says consumers will see soft drinks going up this year in the range of four percent or more.
Bottlers set prices on soft drinks on store shelves. Beverage makers like Coca-Cola and Pepsi set prices on the concentrate they provide to the bottlers.
Four percent doesn’t sound like much.
If you pay $3.99 for a 12-pack of soda, you’ll be paying at least $4.15 later this year.
Unless you drink a lot of soda, this probably won’t impact you too much.
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