Nestle, Danone Price Rises To Put Them Under France's Inflation Scanner: Report
Portfolio Pulse from Nabaparna Bhattacharya
Product prices of Nestle S.A. and Danone have risen by more than 10% this year in France, putting them under the country's inflation scanner. The price hike has pressured the companies to renegotiate with French retailers. French shoppers have spent more than 20% more for Nestle products each month since January versus last year, with price increases peaking at 36.6% in May. Danone's products were sold for between 11.2% and 16.7% more than last year in the first six months of the year.

July 25, 2023 | 1:34 pm
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NEGATIVE IMPACT
Danone's product prices have risen significantly in France, leading to potential renegotiations with retailers.
The significant price increase of Danone's products in France could lead to renegotiations with retailers, which could potentially impact the company's profit margins.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nestle's product prices have risen significantly in France, leading to potential renegotiations with retailers.
The significant price increase of Nestle's products in France could lead to renegotiations with retailers, which could potentially impact the company's profit margins.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100