Nestle raises prices for everything from Nespresso capsules to KitKats

Food and beverage companies have been raising prices at a time when consumers return to offices and wine and dine outside their homes more often

Nespresso, a brand that has kept prices fairly stable for years, is getting more expensive, increasing 3.1%.

Nestle is hitting consumers with its steepest increase in first-quarter pricing in more than a decade, lifting the cost for everything from Nespresso capsules to Purina dog chow to blunt the impact of surging food inflation on its profitability.

Pricing rose 5.2% in the first quarter, the most for that period since at least 2012, the company said on Thursday. Even Nespresso, a brand that has kept prices fairly stable for years, is getting more expensive, increasing 3.1%.