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Consumer spending: A new headwind for food companies

In the face of persistent inflationary pressures, numerous companies have implemented price increases to offset the mounting costs. However, this strategy may encounter headwinds as the consumer's financial resilience slows, particularly within the food industry.

Yahoo Finance's Executive Editor Brian Sozzi breaks down the details, providing insights into how businesses plan to combat this issue moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith