Doritos 1
Snack price increases may have peaked, according to PepsiCo's CEO.
  • Rising snack prices might have finally peaked, PepsiCo's CEO said Thursday.
  • Even high-income customers are feeling the impact from years of food inflation, Ramon Laguarta said.
  • It's the latest sign that you could see some relief from high prices at the grocery store.

Snack costs might have finally hit a turning point after years of price increases, the parent company of Doritos and Cheetos said Thursday.