The company behind some of the UK's favourite products has issued a warning to customers.
Nestlé, behind items such as Kitkats, Shreddies and Maggi noodles are telling consumers to expect prices to increase. The company also have a range of coffee and baby food brands in its 2000-strong portfolio.
This comes after their prices were raised by more than 5% in the first few months of the year. Chief executive of the Swiss food group, Mark Schneider, said: “Cost inflation continues to increase sharply, which will require further pricing and mitigating actions over the course of the year.”
