Nestlé Full-Year Report 2022

In 2022, our analytics capability has been critical to help us navigate an extremely volatile retail environment and rising costs of raw materials. Our data-powered sales and marketing teams have been able to optimize our sales prices and promotional activity while maintaining consumer demand for our brands and products.

We adjusted prices to reflect our own growing costs due to inflation. However, we did so responsibly, seeking internal efficiencies and cost-saving measures to try to limit price increases. Nestlé’s role has always been to make nutritious food affordable and accessible to people everywhere, and we stay committed to that even in times of economic headwinds. In 2022, our organic growth was strong, with resilient RIG and responsible pricing to reflect significant cost inflation.