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P&G sees shoppers reduce purchases amid price hikes

Por: Associated Press Business January 19, 2023

NEW YORK (AP) — Procter & Gamble Co., the maker of such iconic household products like Crest toothpaste, Tide detergent and Charmin toilet paper, is seeing shoppers cut back some of their purchases as they push back on price hikes.The company said Thursday that sales slipped 1% in the latest quarter ended Dec. 31, the first quarterly sales decline since the mid-2017. Meanwhile, the number of products it sells globally fell 6% in the quarter... + full article



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