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Marmite maker Unilever raises prices by 4% amid high UK inflation
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Unilever has warned that inflation could worsen next year as raw material and energy costs push up the prices of its food, toiletries and cleaning products.
The maker of brands such as Marmite, Dove and Domestos said it had increased prices by 4.1% in the three months to September – the biggest jump since early 2012.
Its finance chief, Graeme Pitkethly, said the multinational had “stepped up” its pricing in response to the very high levels of inflation, adding: “We expect inflation could be higher next year.”
There are growing concerns about the cost of living in the UK, although official data published on Wednesday showed inflationeased slightly in September, from 3.2% in August to 3.1%. The Bank of England thinks soaring energy costs will
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