Price increases underpin sales growth at Nestle, Unilever
Updated : October 18, 2018 07:06 PM IST
The increased cost of oil, as well as a strengthening of the US dollar, in which many commodities are priced, has given makers of food and toiletries greater scope to push throughprice rises in an inflationary environment.
This is a change from earlier this year, when pricing was steady and the likes of Unilever and Nestle had to rely almost entirely on selling more goods to drive revenue growth.
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