date:Aug 08, 2014
-digit growth in Latin America, with good growth in Turkey, Pakistan, Africa and the Philippines offsetting more challenging conditions in China.
Chief Financial Officer Wan Ling Martello said on a conference call that Nestle had increases prices in some emerging markets, partly due to weaker local currencies.
Sales growth in the group's biggest market, the Americas, slowed to 4.9 percent, from 5.0 percent a year ago. Growth in Europe accelerated to 1.4 percent, but prices for Nestle products