Nestle sees higher input cost inflation next year

Nestle sees higher input cost inflation next year

Nestle sees higher input cost inflation next year

Jars of Nescafe Gold coffee by Nestle are pictured in the supermarket of Nestle headquarters in Vevey, Switzerland, February 13, 2020. REUTERS/Pierre Albouy/File Photo GLOBAL BUSINESS WEEK AHEAD

ZURICH, Sept 9 (Reuters) – Nestle expects even higher input cost inflation in 2022 than this year, its chief financial offer said on Thursday.

“If we talk of 2022, it is likely that input cost inflation will be higher next year than this year,” Francois-Xavier Roger said at a Barclays consumer staples conference.

Reporting by Silke Koltrowitz
Editing by Peter Graff

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