Prices have not peaked yet, says CEO of one of the world's largest consumer goods firms
Publishing timestamp: 2023-01-17 08:13:45
Summary
Unilever CEO Alan Jope said that prices would likely continue to rise in the near term, and that Unilever has a playbook for high inflation due to its business dealings in markets like Argentina and Turkey. He also said that the rate of price increases is likely peaking around now. Unilever owns brands including Ben & Jerry's, Magnum and Wall's.
Sentiment: NEUTRAL
Keywords: business news, turkey, davos, unilever plc, energy, renewable energy, alternative and sustainable energy, environment, ceo, business, argentina,
Source: https://www.cnbc.com/2023/01/17/prices-have-not-peaked-yet-says-unilever-ceo.html