Nescafe coffee and KitKats to increase in price for second consecutive year

Kit-Kat maker says business suffered in 2022 because of the ‘many challenges and tough choices for families, communities and businesses’ which led to people spending less.

Food company Nestle has said it will hike the prices of its products again this year as inflation eats into the firm’s operating costs.

Nestle, which makes KitKat, Butxon mineral water and Nescafe coffee, said it was raising prices to cover the increasing costs of ingredients.

But it refused to say by how much prices would go up.