'We need to come together to find a common path based on the contribution of all factors'

The brand Osem-Nestlé announced Thursday evening that it agreed to cancel the price increase in Israel after several protests, including one organized in front of the Knesset in Jerusalem on Wednesday at noon.

The company initially announced that it would postpone its price hike until the spring before reversing its decision completely.

"Our decision to increase the prices of some of the company’s products was due to heavy increases in the prices of raw materials, packaging and transportation costs worldwide," the food giant said.... Read More: i24