April 19, 2024

Kraft Heinz CEO: Inflation and Supply Shortages Here to Stay for a While

Kraft Heinz CEO Miguel Patricio said Monday he does not see higher inflation and supply chain issues ending in the near future. “We’ve already increased the prices that we were expecting this year, but I’m predicting that next year, inflation will continue, and as a consequence [we] will have other rounds of price increases,” Patricio…

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