I posted earlier on the news here: Huge US consumer-products company Procter & Gamble to announce price increases
With a link to a WSJ article which, of course, may be gated.
Reuters have a recap up now which may be easier to access for more info:
- The Cincinnati-based company joins a growing list of consumer product makers hiking prices this year
Price hikes like this tend to be sticky, not transitory. SOmething for the Fed to ponder ahead.