Unilever hikes prices as commodity costs soar amid the Iran conflict, underlying sales up 5.2%
Summary
Unilever is hiking prices as commodity costs soar amid the Iran conflict, the Evening Standard and The Independent reported on Wednesday 28 October, the consumer goods firm revealing that underlying sales grew by 5.2% in the three months to September 30, of which 2.3% was due to higher prices. Dove and Lynx prices rise as Unilever reveals soaring costs amid the Iran war, The Independent reported, the company saying prices had 'stepped up' in the third quarter in response to soaring commodity costs. The Evening Standard and The Independent ran the same report again on Friday 30 October.
Latest: The Evening Standard and The Independent again reported that Unilever is hiking prices as commodity costs soar amid the Iran conflict, the consumer goods firm having revealed that underlying sales grew by 5.2% in the three months to September 30, of which 2.3% was due to higher prices.
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How it unfolded
Wednesday 28 October
Unilever revealed that underlying sales grew by 5.2% in the three months to September 30, of which 2.3% was due to higher prices, as it hikes prices with commodity costs soaring amid the Iran conflict, the Evening Standard and The Independent reported, The Independent adding that Dove and Lynx prices rise.
- 07:24The Independent Dove and Lynx prices rise as Unilever reveals soaring costs amid Iran war
- 05:11The Independent Unilever hiking prices as commodity costs soar amid Iran conflict
- 05:11Evening Standard Unilever hiking prices as commodity costs soar amid Iran conflict