What specific price increases is PepsiCo planning for its small chip bags, and when will they take effect?

PepsiCo is planning to raise prices by 10 to 20 cents on certain single-serve chip bags currently retailing for $2.69, with the increases set to begin in the coming weeks; additionally, price hikes will apply to a limited number of single-serve products starting in late June, according to a company spokesman cited in the Bloomberg report.

What are the stated reasons for PepsiCo’s price increases on small chip bags, and what factor is explicitly ruled out?

The price increases are prompted by higher production, distribution, and retail expenses in the U.S., as stated by a PepsiCo spokesman; the report explicitly clarifies that the hikes are not a direct response to the Iran war or the resulting surge in energy prices.