Unilever goes all out on pricing due to inflation


LONDON: Unilever Plc accelerated price increases to the highest rate in years, offsetting rising raw material costs and a decline in shipments in South-East Asia due to Covid-19 outbreaks.

The maker of Lifebuoy soap and Oxo beef stock said it increased pricing by 4.1% in the third quarter, the fastest in at least seven years.

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