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Unilever beats forecasts but warns of even higher inflation next year
Aggregated Source: ChinaLegalBlog.com

Unilever sales impress but the consumer goods giant warns of further price hikes next year

– Sales growth of 2.5% beats analyst expectation for Unilever in Q3

– But sales volume was down amid price growth of 4.5% for the quarter

– Boss Alan Jope says strong inflation ‘will continue into next year’

Consumer goods multinational Unilever has warned shareholders that it is under pressure to hike prices to offset surging costs, and expects inflation to be even higher next year.…

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