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Fed up with food price increase --- The snacking recession: Why Americans are buying fewer treats

Americans are snacking less — and that's a problem for the packaged food industry.

Why it matters: After years of inflation, consumers are recoiling, fed up with food price increases and suddenly immersed in economic uncertainty.

Driving the news: General Mills on Wednesday became the latest food giant to sound the alarm about what CEO Jeff Harmening called a "slowdown in snacking."

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