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From the baby’s room to the bathroom to the kitchen, Proctor & Gamble raises prices

By Dr. Duru April 26, 2011 #consumer packaged goods, #PG, #Procotr & Gamble Company

In a refrain similar to Kimberly-Clark’s lamentations, Proctor & Gamble (PG) announced an increase in prices in some paper-based products in response to rising pulp, oil, and gasoline costs. In “P&G raising some prices for retailers“:

“P&G said list prices for Pampers are up 7 percent on average, Pampers wipes up 3 percent, and Charmin and Bounty products up 5 percent. P&G said Luvs, its lower-priced diaper brand, remains unchanged.”

Proctor & Gamble's stock has not made any progress for over 18 months

Disclosure: author is long PG

By Dr. Duru

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