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Daily Mirror
Daily Mirror
Business
Benedict Tetzlaff-Deas

Coca Cola issues word of warning to fans of their products about a major change

Coca Cola have warned that the cost of their drinks will continue to rise after a year of price hikes.

Average selling prices for the company's drinks - which also include Fanta, Innocent smoothies and Sprite - shot up by 12 per cent in 2021, according to their latest trading update.

These price increases had been implemented towards the end of the year, and came despite positive results showing Coke's revenue rose 7% to $10.1 billion (£8.3million) in the October-December period.

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