Nestlé Philippines says it will try to avoid price hikes - BusinessWorld Online

Nestlé Philippines says it will try to avoid price hikes - BusinessWorld Online

NESTLÉ Philippines, Inc. said it will try to avoid raising prices this year despite geopolitical risks that could disrupt supply. “Price is the last thing that we want to touch,” Nestlé Philippines Head of Corporate Affairs José T. Uy III said at a briefing on Tuesday. “As long as we can absorb it, we will try to absorb it.” The company said it remains cautiously optimistic about its revenue outlook, as it works to manage cost pressures through …