February 19, 2023

Sticker war

 Axios -  The cost of staple items is climbing as some of the world's biggest companies raise their prices. Procter & Gamble, which makes basics like Bounty paper towels and Pampers diapers, said this week that it raised prices by 10% last quarter, compared with a year ago, Axios' Nathan Bomey writes. And Nestlé is predicting that the prices of staple items will continue to rise this year after increasing them 8.2% in 2022, Axios' Sareen Habeshian notes.

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