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Last Updated: Monday, 18 August, 2003, 13:04 GMT 14:04 UK
Heinz puts up price of beans
Heinz beans sell in Russia
Heinz beans are sold all over the world
Food giant Heinz has blamed a worldwide rise in tomato prices for putting up the price of its most famous products.

The company admitted on Monday that it had increased the price of baked beans and tomato ketchup in the UK.

On average, the company's products' recommended retail price has gone up by 6%.

A mystery survey by trade magazine The Grocer found a 415g can of Heinz baked beans had gone from 34p to 38p in the branches of Sainsbury's, Tesco and Waitrose visited.

The company blames increases in the cost of raw materials, including a 30% jump in world tomato paste prices.

The Heinz products affected are tomato ketchup, baked beans, soups, meals and pasta.

Heinz said in a statement: "There have recently been increases in the prices of the basic raw materials Heinz needs to make its well-known products.

"World tomato paste prices have risen significantly, due to bad weather, while prices of sugar, beans and dried pasta have also risen, again due to weather conditions."


SEE ALSO:
Heinz shuts pizza factory
25 Apr 03  |  Humber
Heinz tests advertising boundaries
17 Jun 03  |  Entertainment


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