Price rises slow, but Unilever and others struggle to win shoppers back
© Reuters. FILE PHOTO: Hellmann's, a brand of Unilever, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022. REUTERS/Andrew Kelly/File Photo) and Nestle disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as price increases moderate.
"Across the board, organic growth has been price driven and what we want to see is more of a balance between volume and price," he said, noting the cost of raw materials has decreased and that he hopes prices moderate as a result. Similarly, Tide detergent maker P&G this month reported weak sales volumes, but said this was stabilising and would start to pick up.
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