
Dutch coffee major JDE Peet’s has said it expects further cost pressure in 2023, insisting “the peak of inflation is not yet behind” despite signs of easing in spot prices for inputs including gas and ocean freight.
“There is underlying pressure on inflation and it remains” – CEO Fabien Simon.
Dutch coffee major JDE Peet’s has said it expects further cost pressure in 2023, insisting “the peak of inflation is not yet behind” despite signs of easing in spot prices for inputs including gas and ocean freight.