Major global food and consumer goods companies, including Coca-Cola, Procter & Gamble, Nestlé and Ricketts, are warning of new price increases over the next year to offset rising costs. This is despite consumers continuing to be wary of increasing spending on food products further.

Major global food and consumer goods companies, including Coca-Cola, Procter & Gamble, Nestlé and Ricketts, are warning of new price increases over the next year to offset rising costs. This is despite consumers continuing to be wary of increasing spending on food products further.