Feb 4 (Reuters) - Nestle will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive Mark ...
In the US, the consumer price index – a measure of inflation – grew by 6.4% in the year to January, rising to 11.3% for food for at-home consumption, federal data shows. Consumer goods giant ...
ZURICH (Reuters) -The world's biggest food group Nestle will raise prices further this year, Chief Executive Mark Schneider said on Thursday, after more expensive ingredients contributed to full ...
The price hike announcement comes after the Russia Ukraine war affected the prices of food, fuel and energy. In the year to January, grocery prices soared 16.7%. Nestle has announced a price hike ...
Big food companies like Kraft Heinz and Nestle saw a surge of sales early ... sales still kept growing thanks to double-digit price hikes. But as shoppers' grocery bills climbed in 2022, they ...
Feb 4 (Reuters) - Nestle NESN.S will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive ...
ZURICH/LONDON (Reuters) -The world's biggest food group Nestle will lift prices again ... said last week it would stop raising prices after multiple hikes last year helped it beat analyst ...
