Coca-Cola has issued a major warning to all of its customers that it will continue to raise the cost of its products this year, despite seeing a growth in sales.
The soft drinks company confirmed in a trading update this week that buyers would continue to see cost increases throughout 2023, with prices already rising by 12 percent.
Despite seeing a growth in its sales this year, Coca-Cola chief executive James Quincey warned to expect more price increases 'across the world' this year, reported BirminghamLive. The beverage giant owns brands including Coca-Cola, Sprite, Lilt, Fanta, Powerade and SmartWater.
