KitKat maker Nestle hikes prices but sales still sweet

KitKat maker Nestle hikes prices but sales still sweet

PepsiCo, where the average prices jumped 16% in the first three months of the year, said earlier this year that it was done raising prices, while rival Coca-Cola, where the average selling price rose 11%, has said only that it expects price increases to moderate over the course of the year, noting significant “uncertainty”.

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