Nestlé says the price of staple items will rise further this year. Pictured is a Nestlé production line in Orbe, Switzerland, on May 20, 2021.
Mandatory Credit:	Stefan Wermuth/Bloomberg/Getty Images

Nestlé says the price of staple items will rise further this year. Pictured is a Nestlé production line in Orbe, Switzerland, on May 20, 2021.
Mandatory Credit: Stefan Wermuth/Bloomberg/Getty Images

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The world's biggest food company says prices will rise further this year

Nestlé, the world's largest food group, says the price of staple items will rise further this year, adding to a string of warnings from consumer giants of more pain to come for stretched households.