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Ramon Laguarta: “Agriculture is still inflationary for next year due to…”

Featuring: Ramon Laguarta, Chairman and CEO of PepsiCo | National

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PepsiCo CEO on Tackling Inflation, Weight-Loss Drugs and More | WSJ

Published | Video Starts at 03:58

So we're seeing supply chain stabilizing, we're seeing the labor market stabilizing, we're seeing many of the large commodities starting to go back to a lower levels of inflation. Not so much in agriculture, unfortunately, we're seeing that Agriculture is still inflationary for next year due to bottlenecks in the agriculture industry. So we're seeing a moderation. And now I think we as company, but everybody in the industry is thinking about, okay, now I have, I can run a better company, I can run a good company. (03:58–04:12)

CLAIM

Asserts that agricultural inflation will persist due to industry bottlenecks.

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