"Procter & Gamble Co confirmed on Monday that it is raising prices on Pampers diapers and wipes, Bounty paper towels and Charmin toilet paper in the United States, as it faces soaring costs for energy and materials. The world's largest household products manufacturer said the average list price increases are 7 percent on Pampers diapers, 3 percent on Pampers wipes and 5 percent on both Bounty and Charmin paper goods. The list price increases were announced to retailers last week. Prices that shoppers see are ultimately set by stores. The latest moves come about a month after P&G announced plans to raise U.S. detergent prices 4.5 percent. Rival Kimberly-Clark Corp said on Monday that materials, energy and transportation are set to cost more than twice as much as it expected this year. It already announced price increases on Huggies diapers, wipes, training pants and some toilet paper in March."
Click here for the Reuter's article.
What this means to us, dear readers, is that couponing, sales, deals, stacking discounts, and stockpiling are going to become more important than ever, as we struggle to supply and support our families in the face of this still-horrible economy. Keep the faith though. That's what this blog is all about.
My stockpile looks like it is turning out to be my best investment of 2011! Went though a stock up phase in January and February.
ReplyDeleteOrtho, looks like it's going to become more important than ever to follow those sales and clip those coups.
ReplyDelete