business / news / / Fortune
Laundry detergent and cleaning supplies often contain petrochemicals derived from crude oil.
Unilever anticipates 2.7% to 3.3% price hikes on home care products due to rising costs.
KEY POINTS
- Unilever's full-year cost inflation estimates increased by up to 500 million euros from initial expectations.
- Unilever implemented a three-month global hiring freeze in March attributed to the Iran war's complications.
- About a quarter of U.S. farmers have delayed 2026 fertilizer purchases owing to rising fertilizer costs.
- Price normalization is unlikely even if Strait of Hormuz traffic resumes before the year's end.
COMPANIES
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