Monday, April 19, 2021

Coca-Cola Will Raise Prices: Here is Why

The general price advance continues.

Coca-Cola will raise prices on its drinks to combat the impact of higher commodity costs, its CEO told CNBC this morning.

“We are well-hedged in ’21, but there’s pressure built up for ’22, and so there will have to be some price increases,” CEO James Quincey told CNBC.

I discuss the factors behind the overall accelerating inflation in a new youtube/podcast: The Three Kinds of Inflation That are Going to Blow Overall Price Inflation Through the Roof.

It is not going to stop with Coca-Cola.


1 comment:

  1. Lets see how their new woke dictates to the team helps their sales along with this price increase.