# Unilever's finance chief, Srinivas Phatak, stated cost inflation for the year might reach up to 900 million euros.

*business · news · 2026-04-30 · Devdiscourse*

## Key points

- Unilever expects its 2024 cost inflation to reach up to 900 million euros.
- Strategic price hikes will be phased in gradually in select markets, mainly in late 2024.
- First-quarter sales growth surpassed forecasts due to strength in beauty and home categories.
- Unilever maintains its 2026 financial targets despite elevated market pressures from the Iran war.

**Companies:** Unilever
**Countries:** Iran

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/business/3891788-unilever-battles-rising-costs-with-strategic-price-increases)

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