Companies hike product prices by 10-40% at the start of the new year

New year, new pricing: A number of high-profile food and FMCG companies have raised prices by 10-40% for the new year, Al Borsa reports, pointing to dairy and dairy product producers Al Marai, Greenland, and President, as well as snack makers Edita and Chipsy. Pepsi Co., Danone, Cadbury, Solo, and household product makers Procter & Gamble and Unilever Middle East are also named.