, Columnist
How Much Inflation Can Consumers Take? Ask Nestle
The world’s largest food maker has been able to pass on rising prices to shoppers willing to pay for its popular brands. But the clock may be ticking.
It’s not all scary.
Source: Bloomberg
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The world’s largest food maker Nestle SA has become the latest company to join the “whisper it, inflation isn’t all bad” club.
On Wednesday, the Swiss consumer giant said it expected full-year underlying sales growth of 8%, at the top of its previous range, and left its operating margin outlook unchanged at around 17%.