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Inflation-hit shoppers swallow P&G price hikes to boost company’s earnings

Por: New York Post Business January 23, 2024

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Procter & Gamble’s price hikes boosted its earnings in the latest quarter, the company reported Tuesday, indicating that inflation-battered consumers haven’t turned away from the company’s higher-priced household items. Aside from price increases largely fueling sales growth, shoppers also bought more products across P&G’s beauty lines and health and family care offerings. P&G said that its organic sales rose 4% in the second quarter of... + full article



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