Nestlé raises prices by 6.5% in first six months of the year

Nestlé raises prices by 6.5% in first six months of the year - short news


Swiss food and beverage group says sales are up 9.2%, driven by expectations of price increases

The maker of KitKat, Nespresso, Häagen-Dazs ice-cream and Maggi stock cubes has blamed “significant and unprecedented cost inflation” for a 6.5% rise in prices in the first half of this year.

Nestlé’s sales rose ahead of expectations driven by the price increases, analysts said, increasing 9.2% to 45.6bn Swiss francs (£39bn) in the half year, although net profit decreased by..


Read more on The Guardian

source: The Guardian - 28.07.2022

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