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Hosted on MSN1mon
Nestle to hike food prices further in 2023, CEO says
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 ...
Hosted on MSN1mon
Nestlé, the world's biggest consumer food company, says it will keep hiking prices in 2023, and that its rivals will have to do the same
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 ...
Yahoo1mon
Nestle plans price hikes after costs eat into profits
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 ...
The Scotsman1mon
Nestle: KitKat, Nesquik and Aero maker to hike prices again following 8.2% increase last year
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 ...
CNBC17d
Nestle, Tyson and other food giants bet on air fryer boom to grow sales
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 ...
Nasdaq1mon
Nestle to hike food prices further in 2023, CEO says
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 ...
Yahoo1mon
Nestle plans price hikes after costs eat into profits
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 ...

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