Prices Will Keep Rising Despite ‘Peak Inflation’ Chatter, Warns Unilever CEO

Prices Will Keep Rising Despite ‘Peak Inflation’ Chatter, Warns Unilever CEO
Alan Jope, CEO of Unilever, speaks onstage during the 2019 Concordia Annual Summit - Day 2 at Grand Hyatt New York on Sept. 24, 2019. Riccardo Savi/Getty Images for Concordia Summit
Katabella Roberts
Updated:

Unilever CEO Alan Jope has warned of the possibility of persistently high prices in the near future even if inflation levels out, adding that soaring costs have not yet reached their peak.

Jope made the comments while speaking to CNBC at the World Economic Forum in Davos, Switzerland, on Jan. 17, where the businessman was asked if he sees inflation or prices moderating in the near future.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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