What P&G Price Hikes Tell About Basic Consumer Goods Inflation (IB Times)

What P&G Price Hikes Tell About Basic Consumer Goods Inflation – By Panos Mourdoukoutas Ph.D. (IB Times) / July 31, 2023

Inflation for basic goods remains elevated.

That’s according to a recent Procter & Gamble Company (P&G) financial report.

The global leader in branded basic consumer goods delivered another solid quarter of financial results.

Thanks to generous price hikes across all its product groups. Grooming (9% increase), Beauty (8% increase), Health Care (6% increase), Fabric & Home Care (6% increase), and Baby, Feminine & Family Care (8% increase).

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