Anxiety about inflation is high. Even as demand roars back, the world’s biggest manufacturers, from The Procter & Gamble Co. to Nestle SA, are seeing the cost of raw materials, whether chemicals or coffee, soar.
Unilever Plc warned of commodity and shipping costs increasing the most in a decade. Oil and plastics are a headache for Nurofen-maker Reckitt Benckiser Group Plc, while pricier aluminum threatens a nasty hangover at the world’s biggest brewer Anheuser-Busch InBev NV. Walmart Inc. and Target Corp. may highlight the price demands of their big suppliers when they update on trading in a few weeks’ time.
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July 30, 2021 at 01:00PM
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Get Ready to Pay More for Coffee, Beer, Bread and Snacks - Bloomberg
"bread" - Google News
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