The maker of the nestle package raised prices again. Not only Kitkat maker Nestle announced the price increase, but also Coca-Cola and McDonald’s.
In the UK, companies are raising prices as raw materials, wages and fuel as well as consumer prices rise.
Those who go up are the fastest in the last 40 years. In North America, prices increased the most by 9.8% and in Europe by 4.9%.
For the first time in 14 years, McDonald’s raises the price of its chess burger. The total price of Coca Cola increased by 5% in the United Kingdom.
Unfortunately, rising prices do not equal increases in the cost of living. Nestle increased organic sales from 7% to 8%.
In the last three months of 2021, Nestle, which makes Smarties and Cheerios, raised prices by 3.1%.
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Categories: Trends
Source: HIS Education