‘Spectre of food inflation will stare at us in 2022’
The Hindu
COVID-19 disrupted prices: Narayanan
Nestle India CMD Suresh Narayanan said 2022 would be a difficult year as commodity inflation pressures were anticipated to worsen.
“Going forward, 2022 clearly looks to be a difficult year,” he told the media.
“There is an uptick as far as milk prices are concerned. The disruption of the pandemic and the non-replacement of the milch herd across the country has really led to a depleted supply base,” he said. “There is going to be an escalation as far as milk prices are concerned.”
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