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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Jacob Snyder who wrote (39378)10/21/2021 3:23:03 AM
From: Jacob Snyder1 Recommendation

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Unilever warned inflation was likely to accelerate next year, keeping the pressure on consumer goods companies as they hike prices to try to offset surging energy and other costs.

The maker of Dove soap and Knorr soup beat third-quarter sales growth forecasts on Thursday and kept its full-year profit margin guidance, defying some analysts' fears of a cut.

However, finance chief Graeme Pitkethly saw little let up in inflationary pressures, in a potential blow to central bankers who are hoping the current spike in prices will be transitory.

"We expect inflation to be higher next year than this year," he said on a media call.…

Growth was helped by demand in the United States, India, China and Turkey, while a 4.1% increase in prices more than offset a 1.5% decline in volumes.… finance.yahoo.com

UL CEO sees inflation peaking 1H22, moderating in 2H22.
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