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Unilever downbeat on Europe, China consumer sentiment

Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast as it lifted prices to counter soaring costs. "Consumer sentiment in Europe is at an all time low," chief financial officer Graeme Pitkethly told reporters, warning of fears of a "confluence of events" in Europe with energy prices and inflation rising. https://ift.tt/FNZjOH4

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