Nestle CEO on Third-Quarter, Price Hikes, Outlook

The transcript discusses the impact of significant price rises on consumer behavior, particularly in Europe, and the company's strategies to manage these challenges. It covers government support, consumer trading down, product resilience, and internal cost-saving measures. The discussion also touches on supply chain constraints, wage inflation, and the positioning of coffee brands like Nespresso and Seattle's Best Coffee. The company is focused on maintaining margins while adapting to volatile economic conditions and inflationary pressures.

How does the company view the outlook for wage inflation in the coming year?

What are the supply chain constraints mentioned in relation to the water business?

What is the company's perspective on the potential easing of supply chain issues in 2023?

How does the company plan to position Seattle's Best Coffee in the market?