Nestlé’s global CEO said on the 9th the company is repricing some products and
cutting SKUs consumers are unwilling to pay more for to offset rising energy,
freight and raw-material costs. He said the Middle East conflict has had almost
no direct sales impact but has increased suppliers’ inf pressures that will be
passed through to Nestlé; the region accounts for about 2–3% of sales and the
The effect is mainly on inf.
