PepsiCo CEO: Raising prices is never a good solution

PepsiCo CEO Ramon Laguarta addresses concerns about rising energy and agriculture input costs due to global events. He states that raising prices is "not a good solution" with consumers and that PepsiCo aims to "grow its way out of inflation" through productivity, automation, and leveraging AI, rather than increasing consumer prices. He acknowledges potential minor price adjustments in some markets but emphasizes their commitment to consumer value.