Unilever’s battle with rising costs will take center stage at its third-quarter results on Thursday, with investors focused on whether the consumer goods giant will cut its profit margin forecast for the second time this year.
Crude oil prices hit three-year highs on Monday, vegetable oil prices are at multi-year highs, and packaging, transport, and labor costs are also rising as economies recover from the pandemic—a headache for central bankers and companies alike.