As consumers continue to deal with the cost-of-living crisis, further price hikes seem to be on the horizon.
Unilever has signalled there will be further price rises ahead as it forecast that its own input costs will rise as much as £3billion this year.
Alan Jope, CEO of the consumer goods group, warned that prices of several products across the company’s consumer range are going up, as a result of “dramatic increases” in the cost of everything from shipping to ingredients.