P&G (PG) says it’s time to raise prices in order to help offset commodities inflation, in part driven by building economic recoveries globally from the depths of the COVID-19 pandemic.
The company said in its fiscal third quarter earnings release on Tuesday it would begin to hike prices on baby care, feminine care and adult incontinence products in the United States. Price increases will range from mid- to high-single digit percentages. The hikes will go into effect in mid-September.
finance.yahoo.com/news/pg-is-raising-prices-in-september-heres-why-122848307.html
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