Unilever will raise prices of food and personal care products

Unilever plans to increase product prices this quarter and next year, anticipating higher hikes in 2027 due to cost developments. Brands like Knorr and Dove are included. Other major companies, such as Coca-Cola and Nestlé, also expect price rises to mitigate the impact of the ongoing conflict in the Middle East. Previously, prices surged during the pandemic and after the Ukraine invasion. However, budget supermarket brands are becoming cheaper, according to recent findings by the Consumers' Association.