(Consumers Products You Pay More For report updated with price increases from General Mills and Campbell's Soup.)
NEW YORK (TheStreet) -- If it seems like everything from meat and potatoes to tissues and light bulbs is getting more expensive, it's because it is. Here's a look at some of the consumer products you're paying more for....
On July 13 General Mills said it will raise prices to offset higher costs and sales slower volume.
General Mills said it would pass higher costs for ingredients and fuel onto consumers.
CEO Ken Powell conceded that he didn't believe food prices would come down this year as they did last year, predicting inflationary trends to continue.
The company did not say how much it would raise prices nor on exactly which products consumers could expect to pay more, but General Mills did say that on its Progresso brand of canned soups it would reduce discounts as a means of raising prices.
In May, General Mills' prices were 9.4% higher than they were a year ago, according to the
Wall Street Journal
Click through the slideshow to look at more consumer products you pay more for.
Campbell Soup said in May it would raise prices on its namesake soups and other food products.
Consumers began seeing higher prices for Campbell products on June 17, with the increases running around 4% to 6%, depending on the product and how much retailers passed on the higher costs they pay to shoppers.
COO-turned CEO Denise Morrison said retailers were "very supportive" of the price increases.
Campbell is well known for its namesake canned soups, but it also produces popular food brands such as Goldfish crackers, Pepperidge Farm breads, V8 juices and Prego tomato sauces.
, underscoring the pressure coffee retailers are facing as Arabica coffee bean futures traded near decades-long highs.
Coffee futures hit a three-decade high of $3.0615 per pound on May 3 but have come down somewhat from that price in recent trading sessions.
For Starbucks, the move to raise prices came as somewhat of a surprise, as the coffee shop chain said earlier in the month that it had already contracted its coffee purchases for the remainder of fiscal 2011, locking in its costs.
Starbucks said the price hikes will be applied to bagged coffee sold at its cafes in the U.S., effective July 12. It was the first price increase on caf'-sold bagged coffee in two years. In March Starbucks hiked the price of bagged coffee sold at supermarkets by 12%.
In December, Starbucks
blaming financial speculators for the run-up in prices.
Wal-Mart raised prices on a number of groceries this years, particularly dairy and meat products, CFO Charles Holley said in May.
The retail behemoth raised grocery prices in response to rising commodity costs, especially for corn and for grain that is used for cattle feed.
Whole milk prices averaged a cost of $3.597 per gallon in April, up 15% year-over-year, according to the Bureau of Labor Statistics.
The average retail price of cheddar cheese rose nearly 3% year-over-year to $5.204 per pound this spring, the highest price since the early 1980s.
Nationwide retail prices for meat are expected to grow 6% to 7% in 2011, year-over-year, with beef prices expected to rise 7% to 8%. As of April beef prices were already 12% higher than they were a year ago.
Hershey said a weighted average price increase of around 9.7% will be added to its instant consumable, multi-pack, packaged candy and grocery lines, effective immediately.
"These changes will help offset part of the significant increases in Hershey's input costs, including raw materials, packaging, fuel, utilities and transportation," the company said.
Hershey said it had to raise prices as the costs of materials and ingredients it needs to produce the chocolates, candies and grocery items it sells rose $33 million in the first quarter of 2011.
On May 24
in response to soaring Arabica costs, and this latest price hike is the largest yet at 11%.
J.M. Smucker implemented the price increase on its
brands of coffee.
J.M. Smucker has raised prices by 34% over the past year as it struggled to maintain margins amid soaring coffee costs.
J.M. Smucker said that green coffee costs were "significantly higher in the second quarter of 2011." Smucker raised prices on its Folgers and other well-known brands by around 9% earlier this year.
As if all things childcare weren't expensive enough, in March
, as well as a roster of other baby care products and bathroom tissues.
Kimberly-Clark said net selling prices in the U.S. and Canada for its Huggies baby wipes and diapers, Pull-Ups training pants and GoodNites youth pants would increase between 3% and 7%, on average.
The price hikes were set to go into effect between June 19 and Aug. 17 of this year.
Additionally, Kimberly-Clark will raise net selling prices in the U.S. for Cottonelle and Scott 1000 bathroom tissue products by around 7%, effective June 19.
Price increases will vary by brand and pack size, the company said.
Then in April,
, and that the maker of Kleenex tissues will once again look to pass on those higher costs to consumers.
Even Big Macs are not immune to rising consumer prices.
McDonald's said it would implement small price increases throughout 2011
as it worked to offset higher ingredient costs for everything from beef and cheese to wheat and coffee beans.
McDonald's had already raised menu prices by 1% in March, CFO Peter Bensen said.
Menu prices also rose by 1% in Europe earlier this spring, and McDonald's has plans to raise prices in its China-based restaurants as well.
The Golden Arches expects its food expenses to rise as much as 5% this year, both in the U.S. and Europe, and it will pass some -- but not all -- of those costs onto its customers to protect its margins.
CEO Jim Skinner conceded that customers are "pinched everywhere. They should not suffer the same fate at McDonald's."
Barbie sales may have spiked 14% in the first quarter this year, with total toy sales rising more than 8%, but the company blames the increases on higher costs for plastic, transportation and worker wages in China.
CEO Robert Eckert conceded that "...(N)obody wants to raise prices.... They
retailers understand costs are higher" in plastic, labor and transportation.
"That's the environment we're in," he said. "It's unfortunate, but we're not alone in this."
Mattel is particularly sensitive to commodity prices and labor costs in China as it does much of its own manufacturing in the region.
In May Jack in the Box raised its menu prices by 1.5%.
The fast-food chain said it was raising prices cautiously because it was aware of the highly competitive environment in terms of consumers' food choices.
It said any future menu prices would be modest.
Jack in the Box raised prices as overall commodity costs rose 5% in its recent quarter. The chain paid more for everything including beef, produce, cheese, pork, dairy and shortening.
Overall commodity costs are expected to grow as much as 5.5% in 2011, so future menu price increases are certainly not out of the question.
Kraft Foods' ( KFT) Maxwell House and Other Food Brands
Kraft Foods raised prices worldwide in the fourth quarter of last year.
Then in May Kraft hiked the price of its Maxwell House coffee by 22%, or 70 cents per pound, the largest of four price increases in a year.
Kraft's consumer prices have soared around 56% since May 2010.
Also in May, Kraft said it raised its product prices by 3.7%, hoping to offset a 7% surge in ingredient costs.
Kraft, the maker of popular consumer food products under the Nabisco, Oscar Meyer, Cool Whip, Jell-O, Dentyne and Wheat Thins brands, among many others, may raise prices again this year as commodity costs continue to rise, according to June 3 reports.
"We've implemented a first round of pricing; however, at current cost levels, further pricing may be necessary later in the year," management said.
Procter & Gamble cautioned in February that it would raise prices this year to help offset at least $1 billion in increased commodity costs this year.
In April P&G outlined those price increases for a roster of household consumer goods.
P&G said that prices for Pampers diapers would rise 7% and that Pampers wipes prices would go up 3%. Charmin toilet paper and Bounty paper towels prices would increase 5%. Price of Luvs, P&G's lower-priced diaper brand, would remain unchanged, the company said.
P&G, the maker of Tide, Iams, Crest and Nyquil brands of consumer goods, among many others, had already raised the prices consumers pay on laundry and fabric-care products, as well as Duracell batteries.
The company said higher raw materials costs for things like oil and wood pulp led to the price increases.
Even consumers who choose to cook at home, rather than spend money dining out, are feeling the pinch.
The maker of spices, herbs, seasoning blends and sauces faced higher costs for commodities such as wheat and soybean oil, as well as increased expenses for plastics and another packaging materials.
McCormick, which sells spices under the Lawry's and Old Bay labels as well as its namesake brand, expects its own costs to rise between 7% and 8% this year.
McCormick raised consumer prices on both its brand-name and private-label products, so even consumers trading down to those lower-priced private label varieties are still paying more.
Green Mountain Coffee Roasters' (GMCR) Coffee Products
Far from immune to the surge in coffee costs that led Starbucks, J.M. Smucker's Folgers and others to raise prices on many consumers' daily cup,
The leader in the single-serve coffee market through the success of its Keurig brewing system and K-Cup one-cup brewing pods, said in May it had already passed on higher costs to its customers.
Last September Green Mountain raised consumer prices by 10% to 15%.
In May the Vermont coffee maker said it would raise coffee prices by another 10% by mid-2011.
Nike said in March it planned to significantly raise the price of its shoes in 2012.
The price hikes will come in an effort for Nike to offset rising costs for everything from cotton to oil, labor and transportation.
The athletic wear's management said prices would go up across the board, so consumers can expect to pay more not only for Nike's shoes and sneakers, but likely the brand's gear and apparel as well.
"Beginning in spring 2012, we'll take more significant price increases across a broader range of styles," CFO Don Blair said.
Krispy Kreme Doughnuts' (KKD) Menu
Expect to pay more for your morning fix of coffee and donuts.
Krispy Kreme said its fuel costs had risen by an estimated $12 million, prompting the price increases.
Sugar prices have spiked recently to three-decade highs, boosted further after Australia's already flood-stricken Queensland coast was hit with the strongest cyclone the nation had seen in 100 years.
Wheat costs have all been higher. Krispy Kreme is also not immune to soaring coffee costs, which hit a host of other food makers like J.M. Smucker, Starbucks and Green Mountain Coffee Roasters.
Wendy's raised some menu item prices last year, and again in March, and said it would do so again as its costs for beef, bacon and cooking oil soared.
Wendy's management said the price increases would be "prudent," but did not specify exactly how much prices at its Arby's and namesake Wendy's restaurants would go up.
The company maintained that menu price increases were necessary for its business, though it was clearly cautious about raising prices to the degree that it would inhibit customers from coming into its restaurants to eat.
The restaurant chain's management called beef prices "unprecedented."
In 2010, Energizer, as well as P&G's Duracell brand, actually increased the number of alkaline batteries in each package sold in the U.S. without raising prices, effectively lowering the price per battery.
In 2011 Energizer set plans to go back to the normal size packages, bringing the price-per-battery back up to where it was.
The company also faced higher costs for materials like zinc, steel and silver, and planned to boost prices even further on some products.
Energizer raised the price of its C, D and 9-volt batteries in March of this year.
Management said it expects $20 million to $25 million in higher costs for the rest of 2011. For consumers, that could mean further price increases are not out of the question.
Kellogg recently raised prices on brands such as Eggo waffles, Keebler cookies and Pop-Tarts, as well as many of its cereal brands to help offset rising ingredient costs.
The maker of Corn Flakes cereal, Cheez-It crackers and Keebler cookies said in February it would raise prices by 3% in 2011, the same increase it implemented in 2010, due to the rising cost of commodities like wheat and sugar, as well as for oil and transportation costs.
Then in May it revised its plans, saying it will boost the price its customers pay by 4% this year, and said price increases would accelerate throughout the year, meaning the hikes may not come all at once.
Price increases are "flying into the market," Kellogg's CEO John Bryant said this spring. "We expect that there would be some adverse consumer reaction, just because there's a segment of the population that's under pressure" given the tough job market and high gas prices.
He also said that the food industry is in a "long-term upward trend on costs," and believes the trend will continue to rise in 2012.
For shoppers, that means prices are likely to go up again next year.
Whole Foods' (WFM) Grocery Store Items
Whole Foods said its vendors have increased the cost of the items it buys to stock its grocery store shelves.
The largest U.S. natural-goods grocer said that means it's had to pass on some of those higher costs to its customers.
During the recession, Whole Foods offered more food items at lower prices, but as food and commodity costs rise, the grocery store chain has selectively passed on those higher costs to shoppers. Whole Foods said it remains cautious about rising prices for everything from coffee to fuel, and hopes to strike the right balance between swallowing those costs and charging its customers its more.
Whole Foods has not instituted blanket price increases of all the food and products it sells, but management said it conducted "selective pass-through" of prices for certain products.
Hasbro raised the price of its toys by mid-single-digit percentages in February, and said at the time it would consider raising prices again this fall.
The toymaker, like rival Mattel, is battling higher costs for commodities, freight and labor.
Hasbro, the maker of Nerf foam toys and Monopoly board games, expects its labor costs to rise in the mid-teens in 2011, though it doesn't expect total costs to increase as much as they did in 2010.
Even so, toymakers are in a unique position to pass on higher costs to consumers, often without the shoppers even realizing they're paying more.
"The good thing for the toy manufacturers is that every year 80% of the skews are brand new skews, so it's a lot easier to put forth price increases through the retail channel than it is for companies that have the same products year in and year out," said Eric Handler, an analyst with MKM Partners.
Heinz (HNZ) Food Products
In February, Heinz raised the price of many of its products, including ketchup and Ore-Ida potatoes.
In May, the condiment maker said although it had already raised prices on certain food items this year it would make more increases in the future.
That's because its costs were expected to rise by 7% in fiscal 2012.
Despite recent price hikes, Heinz's management said it was still "playing catch up on the rapid escalation in commodity costs."
Heinz knows that higher prices at the grocery store will hit consumers who are already strapped by increased costs for everything else from food to gasoline, and expects its own sales volume to suffer somewhat.
Panera Bread's (PNRA) Menu Items
Panera Bread, the fast-casual restaurant chain, has been slowly making modest price increases to its menu.
Management said the company had instated some modest price increases throughout the recent recession to cover rising input costs for everything including wheat, dairy, beef and coffee.
Last year, the bakery-caf' restaurateur hiked prices on certain menu items by 2%.
Panera projected a year-over-year price increase of approximately 2% again in 2011, while maintaining stable margins.
Chairman and former CEO Ronald M. Shaich told
that Panera has historically been able to pass on underlying inflation costs to consumers. Food makes up about a third of the company's overall costs, he added, and "we'll continue to adjust our pricing to reflect our underlying costs."
Sysco, which transports food and other items to restaurants, health care facilities and other customers that prepare meals away from home, has raised prices on much of what it distributes.
Sysco said in May that food cost inflation was 5.1% in its recent quarter as costs rose for items like meat, dairy, seafood and produce.
Since Sysco supplies restaurants and other facilities with the food they serve, as Sysco raises prices restaurants are then left to pass those higher costs onto consumers.
That means as Sysco's costs rise, restaurants' costs go up and ultimately, shoppers and diners end up paying those higher prices.
Nestle said in March it expects to raise prices by 1.6% in 2011.
Management said in May the food-price increases would be gradual, and that Nestle would try to carry much of the commodity expense increases itself by cutting costs elsewhere in its operations, rather than passing all its higher costs on to consumers.
The maker of Nescafe coffee, Gerber baby food, Lean Cuisine meals, Purina pet food and Kit Kat chocolate bars faces higher costs for everything from coffee and wheat to cocoa and sugar.
The 1.6% increase in 2011 echoes the same percentage price hike in 2010, though some analysts said the estimate is low for this year, and expect prices to go even higher.
-- Written by Miriam Marcus Reimer in New York.
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