Highlights

  • Nestle had put up prices by 3.1 percent in the last quarter of 2021
  • Nestlé owns a whole host of brands including KitKat, Maggi

Latest news

Watch! Birmingham 2022 gala ends with spectacular closing ceremony

Watch! Birmingham 2022 gala ends with spectacular closing ceremony

Shehnaaz Gill reacts to rumours of quitting ‘Kabhi Eid Kabhi Diwali’: Rumours are entertainment for me

Shehnaaz Gill reacts to rumours of quitting ‘Kabhi Eid Kabhi Diwali’: Rumours are entertainment for me

TMC workers vandalise party MLA's house alleging he took cash for posts

TMC workers vandalise party MLA's house alleging he took cash for posts

US pledges $1 billion military aid for Ukraine — its biggest delivery of rockets, other arms so far

US pledges $1 billion military aid for Ukraine — its biggest delivery of rockets, other arms so far

Ranveer Singh’s nude photoshoot: PIL in HC seeks seizure of all printed copies of magazine

Ranveer Singh’s nude photoshoot: PIL in HC seeks seizure of all printed copies of magazine

Your KitKat to get expensive? Nestle joins McDonald's in hiking costs

Inflation measures how much the price of goods has changed over time

The price of chocolate also will leave a bitter after taste of expense. Nestle, producer of KitKat has raised prices by 6.5% in the first six months of this year and this may not be the end of it .

The Swiss multinational's price rise comes after fast food giants McDonald's and Coca-Cola announced price rises earlier this week.

In UK, the average price for a four-finger KitKat has rocketed by 15% from 60p to 70p since January.

Earlier this year, Nestle increased prices by more than 5% for the first quarter and warned that more rises could hit customers as it sought to pass on the impact of rising costs.

Nestlé owns a whole host of brands including KitKat, Maggi, Cereals including Cheerios.

Up Next

Your KitKat to get expensive? Nestle joins McDonald's in hiking costs

Your KitKat to get expensive? Nestle joins McDonald's in hiking costs

This Tata company under reported revenue: CAG

This Tata company under reported revenue: CAG

Don't Pay: Find out why 75,000 Brits will stop paying their power bill

Don't Pay: Find out why 75,000 Brits will stop paying their power bill

Big blow to China: India may ban cheap Chinese smartphones

Big blow to China: India may ban cheap Chinese smartphones

Mukesh Ambani takes zero salary for the second year in a row; here's why

Mukesh Ambani takes zero salary for the second year in a row; here's why

Explained Binance vs WazirX: The cryptic crypto ownership & the ED angle

Explained Binance vs WazirX: The cryptic crypto ownership & the ED angle

More videos

Jio logs in to gaming; know all about - Jio Games Watch

Jio logs in to gaming; know all about - Jio Games Watch

Bout over bots: Elon Musk challenges Twitter CEO Parag Agarwal

Bout over bots: Elon Musk challenges Twitter CEO Parag Agarwal

Tata Motors' EV unit acquires Ford's India factory

Tata Motors' EV unit acquires Ford's India factory

Viral video puts SpiceJet in more trouble? Passengers walk on tarmac amid bus delay, DGCA probing: report

Viral video puts SpiceJet in more trouble? Passengers walk on tarmac amid bus delay, DGCA probing: report

Elon Musk making up excuses to breach twitter deal?

Elon Musk making up excuses to breach twitter deal?

Reliance to bring Balenciaga to India

Reliance to bring Balenciaga to India

LIC breaks to top-ranked Indian firm on Fortune Global 500 List

LIC breaks to top-ranked Indian firm on Fortune Global 500 List

Explained: Why Taiwan tensions are worrying the tech ecosystem?

Explained: Why Taiwan tensions are worrying the tech ecosystem?

Meet India's richest women

Meet India's richest women

Burberry casts 4-year-old patka-wearing model for autumn-winter '22 collection, sets example

Burberry casts 4-year-old patka-wearing model for autumn-winter '22 collection, sets example

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.