prices for brands like Gillette crest high pampers all of
these household items that we need, the basic essentials
expected to rise here in these next few months.
Consumer goods staple Procter and Gamble, a publicly traded
company. It is the parent company of these brands
, noting in its earnings release today that consumers have
largely been resilient to price hikes again, perhaps because
these are the necessities that they need. But the
company raising prices as a result of persistent inflation and
higher costs and cheddar News did recently visit PNG's facility
in Cincinnati. Learning that shrink flay shin, that's
the word might also be a factor. So for
example, dishwasher pods cascade platinum plus expected to cost
the same as cascade platinum but have fewer pods.
That's the shrink part, right less after the same
amount of money. PNG saying in a statement to
Cheddar News that it combines pricing with innovation and that
prices you see in stores do depend on the individual
retailer but PNG boosting its outlook even as all divisions
saw sales lower in this latest quarter, organic sales
rising due to higher prices which did offset lower demand