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From the Liveblog of
Thursday, May 15, 2025
From the Liveblog of
Thursday, May 15, 2025
Israeli food giant Osem-Nestlé set to raise prices by average of 2.2% next month
Sharon Wrobel is a tech reporter for The Times of Israel
Osem-Nestlé, one of Israel’s largest food manufacturers, says it will need to hike food prices of some goods by an average of 2.2 percent in response to “significant increases in the costs of raw materials, packaging, and logistics.”
In the announcement to its customers, the food manufacturer says that the price hike, which will come into effect on June 3, is expected to raise the costs of some goods for consumers, such as coffee, snacks, Materna baby formula, instant meals, soup powders, breadcrumbs, and croutons.
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