Unilever raises prices by over 4% as bosses say cost inflation here to stay


Source: yahoo.com yahoo.com

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Beauty performed particularly strongly in the period (Unilever) Unilever , the consumer goods giant behind everything from Dove to Hellmann’s and Marmite , has raised prices by more than 4% in recent months - the fastest rate since early 2012 - as soaring costs for everything from shipping and trucking to palm oil hit home . The multinational reported underlying sales growth of 2.5% and turnover of €13.5 billion for the third quarter, reflecting a 4.1% rise in prices and a 1.5% fall in volumes. The growth was ahead of expectations and boosted by strong sales in the US, China...