Food, household brands warn of more price hikes

Business Recorder reported that global food and household-goods makers expect further price increases next year as energy, materials and freight become more expensive. Coca-Cola chief executive Henrique Braun said cost pressures could continue into 2027, while Reckitt’s Kris Licht said firms would need to decide how much of the added expense to pass on to buyers and how much to absorb through promotions.

The push comes as shoppers resist higher grocery bills, limiting companies’ ability to raise prices without weakening demand. Procter & Gamble lifted its projected profit impact from higher input, energy and freight costs to USD1.4 billion from USD1 billion; Nestle said volumes can fall temporarily after price rises, while Reckitt lowered its annual revenue outlook. The reports illustrate the tension between protecting margins and retaining customers across food and household brands.