Proctor & Gamble is lifting financial expectations but is planning to raise prices in the next few months.

Proctor &amp; Gamble is lifting financial expectations but is planning to raise prices in the next few months.

P&G Boosts Outlook, Raises Prices

prices for brands like Gillette crest high pampers all of these household items that we need, the basic essentials expected to rise here in these next few months. Consumer goods staple Procter and Gamble, a publicly traded company. It is the parent company of these brands, noting in its earnings release today that consumers have largely been resilient to price hikes again, perhaps because these are the necessities that they need. But the company raising prices as a result of persistent inflation and higher costs and cheddar News did recently visit PNG's facility in Cincinnati. Learning that shrink flay shin, that's the word might also be a factor. So for example, dishwasher pods cascade platinum plus expected to cost the same as cascade platinum but have fewer pods. That's the shrink part, right less after the same amount of money. PNG saying in a statement to Cheddar News that it combines pricing with innovation and that prices you see in stores do depend on the individual retailer but PNG boosting its outlook even as all divisions saw sales lower in this latest quarter, organic sales rising due to higher prices which did offset lower demand