LONDON Jan 10 Premier Foods, maker of
UK classics like Mr Kipling cakes and Bisto gravy, is in talks
with retailers over potential mid-single digit percentage price
increases, a spokeswoman said on Tuesday, as it seeks to offset
higher costs and the weak British pound.
"The situation on pricing differs between our different
categories and brands and is currently under discussion with our
individual retail customers," the spokeswoman said in a
statement. "On average we are considering rises around the mid
single digit mark."
(Reporting by Martinne Geller; Editing by Susan Fenton)