Nestle leans on pricing for Q2 boost; pet foray holds promise | Economic Times

Nestle leans on pricing for Q2 boost; pet foray holds promise https://ift.tt/HuDmg3M overall growth has been pricing-led with material cost inflation eating into the company's profitability. There has been a 24% jump in raw material costs and a 20% increase in other expenses over the same quarter a year earlier. The management, in the company's earnings call, mentioned 2022 inflation being five times the past trend.