Proctor & Gamble raising prices on household staples

Inflation continues to ripple through all economic sectors

The maker of Tide detergent and Gillette razors said it would start charging more for certain beauty, oral care and grooming products such as razors. The price increases come in addition to earlier moves to start charging more for staples from diapers to toilet paper.

P&G, which released quarterly financial results on Tuesday, said the moves, along with increased demand for its products, should help offset added costs.

Procter & Gamble to Raise Prices on More Staples – WSJ