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P&G warns of upcoming price hike

7/9/2008

CINCINNATI Rising prices for raw materials will soon affect consumers who buy Procter & Gamble products.

Home-care products, such as air-fresheners and cleaning detergents, will experience wholesale price increases ranging from 2 to 10 percent. Affected products include Dawn and Cascade dish detergents, Mr. Clean cleaning solution and Febreze air-freshening spray.

Hair-care products will experience a similar increase, while soaps and deodorants will increase in price by about 13 percent. Fabric softeners will have increases of 3 to 10 percent, while shaving gels and foam will increase by around 10 percent.

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