"Unilever expects full-year total cost inflation of about 750 million to 900 million euros, including higher logistics and factory costs, due to surging commodity prices."
"Parts of Asia, Africa, and Latin America will see the highest price increases, while North America will experience smaller impacts due to a smaller home-care business."
"There will be frequent price increases but in small doses, and if inflation pressure continues, Unilever could raise prices at the higher end of the two percent to three percent range."
Unilever plans to increase prices in select markets due to higher costs driven by the Iran war. The company reported first-quarter sales growth exceeding analysts' expectations and maintained its 2026 sales and profit margin forecasts. Price increases will primarily affect home care products in Asia, Africa, and Latin America, with smaller impacts in North America. Unilever anticipates total cost inflation of 750 million to 900 million euros for the year, including logistics and factory costs. Frequent price increases will occur in small doses, with potential adjustments based on ongoing inflation pressures.
Read at www.cbc.ca
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