Get the app today! Download iPhone App Download Android App

Price Increases Underpin Sales Growth At Nestlé, Unilever

Published on Oct 19 2018 8:10 AM in A-Brands tagged: Trending Posts / Nestlé / Unilever / FMCG / Pricing / Forecast

Price Increases Underpin Sales Growth At Nestlé, Unilever

Nestlé and Unilever, two of the world's biggest consumer goods makers, both reported a pick-up in quarterly sales after getting higher prices for their products.

The increased cost of oil, as well as a strengthening of the US dollar, in which many commodities are priced, has given makers of food and toiletries greater scope to push through price rises in an inflationary environment.

This is a change from earlier this year, when pricing was steady and the likes of Unilever and Nestlé had to rely almost entirely on selling more goods to drive revenue growth.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email