News Snapshot:
Could Unilever shares be inflation-proof? Unilever shares rose a little yesterday (and are up a little more today) on the back of results that showed underlying sales growth of 2.5% in the third quarter . One of the central themes of its update was inflationary pressures. Finance chief Graeme Pitkethly predicted there would be little let-up in such pressures. On a call yesterday he said: “We expect inflation could be higher next year than this year“, adding that it was likely to peak in the first half of 2022 and to moderate thereafter. The good and the bad Overall, Unilever...
