Sign Up
Stories
Moderating Inflation and Coke's Volume Shrinkage
Share
Coca-Cola Surpasses Earnings Expectation...
Earnings Surpass Forecasts Amid Challeng...
Global Demand Boosts PepsiCo and GM Prof...
Overview
API
Coca-Cola CEO James Quincey noted that inflation is moderating in most markets globally, with some exceptions in Argentina. In the majority of Coke's markets, shoppers were only paying about 3.5% more for their drinks than a year earlier. Despite this, Coke's North American volume shrank 1% in the quarter due to consumers switching to cheaper private-label juices and bottled water.
Ask a question
How might the moderating inflation impact consumer spending patterns across different markets?
What implications does the shrinking volume have for Coca-Cola's overall financial performance and long-term growth?
What strategies could Coca-Cola employ to compete with cheaper private-label juices and bottled water?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Coverage