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 ...

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 ...

(MENAFN) Nestle, the world's largest food corporation, has announced that prices for essential items will continue to rise throughout 2023. The move comes after over a year of price increases ...

The world's biggest food group Nestle will push through further price increases this year, Chief Executive Mark Schneider said on Thursday, after more expensive ingredients contributed to lower ...

Nestle’s gross margin dropped 260 basis points despite last year’s 8.2% price hike. ZURICH: The world’s biggest food group Nestle will push through further price increases this year ...

ZURICH — Swiss food giant Nestle and liquor group Pernod Ricard, owner of Absolut vodka and Jameson whiskey, announced fresh price hikes on Thursday due to inflation even as consumers across the world ...