Consumer giant Unilever raises prices by 10%     

Costs have surged since the start of the Covid-19 pandemic and created global supply chain logjams

The consumer giant makes brands including Cif and Domestos, Hellmann's, Magnum and Cornetto ice creams, Sunsilk shampoo, Omo and Persil, as well as Knorr food stuffs. 

Unilever, which makes 400 food and grocery brands commonly found in supermarkets, raised its full-year sales guidance after beating first-half underlying sales forecasts as it hiked prices to counter soaring costs.  

Unilever's first-half operating profit margin fell to 17% from 18.8% a year earlier, even as Unilever raised prices by 9.8%.