Nestle: Tariffs intensify pressure on bulk commodity prices, may raise prices again in the second half of the year.

Nestle said on Thursday that due to the pressures of U.S. tariffs or exacerbating the prices of commodities, its KitKat chocolate bars and Nespresso coffee pods may be further raised in price in the second half of this year. Nestle CEO Laurent Freixe said he was satisfied with the price increases implemented in the first half of this year, but indicated that the company may need to consider further price hikes, emphasizing that most of the increases have already been completed and will be reflected in the coming quarters.