The owner of Dove and Ben & Jerry's said Thursday that it increased prices by 4.1% in the third quarter to"offset rising commodity and other input costs." The pricing action"is a step up from the first half of the year," Unilever added in a statement, as it increased pricing across all major categories.
"Supply chains are under pressure from tight labor markets, tight transportation markets and overall capacity constraints," Procter & Gamble Chief Financial Officer Andre Schulten told analysts this week."Inflationary pressures are broad-based and sustained."Read MoreUnilever expects inflation to continue into next year and CEO Alan Jope said the company will implement productivity measures to offset elevated costs.
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Time to give up ice cream. It's already too expensive
Terrible!
Biden’s America.
They can easily not do that
Exec’s and investors need to take hit. Sell a yacht or two. Need to reduce the income gap.
Because heaven forbid the execs give up some of their millions.
Curious how much Covid relief money they received from the Federal Government.
Perhaps Unilever can blame Zionists for price increases and why not
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Source: WSJ - 🏆 98. / 63 Read more »