The traditional tub or box of chocolates for Christmas just got more expensive
as Nestle has announced that it is hiking prices. The move comes amid growing pressure on household budgets as the cost of living crisis continues to squeeze the purses of Brits.
Back in April 2022 steep cost inflation was reported to be blamed for potential price rises for the brand's cereals and confectionary. At the time, Mark Schneider, Nestlé CEO, said: "Cost inflation continues to increase sharply, which will require further pricing and mitigating actions over the course of the year."
He added: "We maintained our responsible approach to pricing but further pricing steps were clearly needed to react to significant levels of global inflation hitting us".
France Dernières Nouvelles, France Actualités
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