PETALING JAYA: News that Nestle (M) Bhd
is considering a price hike for certain dairy products may have sent chills down local households but the company has clarified that the reported information is not verified.
An English daily (not The Star), quoting sources, had reported that Nestle was planning to increase prices of selected dairy products between 10% and 30% as early as next month, citing the rise in the costs of raw materials, production and logistics due to the floods in Thailand.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
