Your KitKat to get expensive? Nestle joins McDonald's in hiking costs

Updated : Jul 31, 2022 12:03
|
Gazal Malik

The price of chocolate also will leave a bitter after taste of expense. Nestle, producer of KitKat has raised prices by 6.5% in the first six months of this year and this may not be the end of it . 

The Swiss multinational's price rise comes after fast food giants McDonald's and Coca-Cola announced price rises earlier this week.

In UK, the average price for a four-finger KitKat has rocketed by 15% from 60p to 70p since January.

Earlier this year, Nestle increased prices by more than 5% for the first quarter and warned that more rises could hit customers as it sought to pass on the impact of rising costs.

Nestlé owns a whole host of brands including KitKat, Maggi, Cereals including Cheerios. 

Nestle IndiaInflation RateMc DonaldsNestleInflationInflation Hike

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