Mar 19, 2024 - Economy

Charted: We all scream for ice cream ($$)

Data: U.S. Bureau of Labor Statistics; Chart: Axios Visuals
Data: U.S. Bureau of Labor Statistics; Chart: Axios Visuals

Ice cream has been one category where Unilever has seen price-weary consumers turn to cheaper brands, Pete writes.

What they're saying: "Ice Cream had a disappointing year with declining market share and profitability," the company said last month.

  • "Volumes were impacted throughout the year by high price elasticities."
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This story was an excerpt from Axios Closer, a recap on the day's biggest business stories.

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