P&G, Colgate Hike Prices To Offset Rising Commodity Costs

摘要

Procter & Gamble and Colgate-Palmolive are among a number of major consumer products companies initiating price increases in order to offset rising commodity costs. In quarterly earnings presentations April 30, the companies acknowledged that the costs - stemming primarily from the price of oil and raw materials -have exceeded prior expectations, and price increases are critical to mitigating the impact.