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P&G Increasing US Product Prices More Broadly With Commodity Headwinds Still Strong

 
• By Eileen Francis

P&G raises prices on 9 of its 10 US product categories, rolling out increases in grooming, skin care and oral care products now. High commodity costs prompted it to increase its outlook for headwinds of $2.1bn for its FY2022.

• Source: Alamy

Procter & Gamble will counter growing headwinds with price increases for products in nine out of its 10 US categories within the next 90 days, with average increases at mid-single digit percentages.

“We’re taking pricing around the globe and it’s really a decision that is taken market by market, category by category...

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IFF Offsets Tariffs’ Impact, But Discretionary Product Ingredients Face Risk

 
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More from Business

E.l.f. Plans To Acquire Hailey Bieber Beauty Brand For $1Bn

 
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J&J Plots Next Steps Following Third Failure To Resolve Talc Cases Through Bankruptcy

 
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After a Texas judge denied a bankruptcy plan, Johnson & Johnson attorneys plan to focus on debunking what they see as dubious scientific claims in civil court.

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The FTC’s Green Guides proposed update was expected by the end of the Biden Administration and there’s no indication it will be unveiled soon, says Mary Engle, BBB National Programs Exec VP, Policy. She also discussed the importance of industry self-regulation of artificial intelligence.