Unilever Plc (NYSE:UL) confirms continued price increases in 2023

Global consumer goods giant Unilever Plc (NYSE:UL) expects pricing to continue to rise in 2023, driven by raw material inflation and rising production and logistics costs. In addition to the price increase, Unilever is also continuing to cut its product line, including slashing thousands of items, canceling 50-60 regional brands, and reducing ice cream product options.

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