Nestle’s sales fall as customers balk at higher prices

Nestle shares fell on Thursday after the world’s largest food seller reported a sharper-than-expected drop in its full-year sales, caused by cost conscious customers balking at higher prices.   The Swiss company reported a 0.3% drop in its closely-watched real internal growth (RIG) metric – which measures the volumes of products it sells – following its decision to push ahead with price hikes that drove customers away from its products. “Unprecedented infla