KitKat maker Nestle has hiked the prices of its products by almost 10% in the past year. Read more:
KitKat maker Nestle has hiked the prices of its products by almost 10% in the past year to offset a "significant" rise in costs.
But just because the inflation rate dipped, it does not mean prices are lower, it means they are not increasing as fast. Nestle said sales of its confectionary worldwide increased in the past three months despite it increasing the prices of its more than 2,000 brands, which cover coffee, pet care, baby food, drinks, cereals and prepared dishes.
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